Flip (No Refurb)
Alexandra Street, Dunfermline, KY12 0LS
£85,000 GDV
1 bed flat with shared garden.
Purchased cash in 2022. Acquisition fully funded by a private lender.
Once purchase concluded the property was stripped out & sent to auction. The property sold at auction.
Purchase Price:…
Description
Type
Flip (No Refurb)
Location
Fife
GDV(Gross Development Value)
£ 85,000
Purchase Price
£ 39,999
Costs(Refurbishment & Fees)
£ 4,100
Total Cash Required
£ 44,100
1 bed flat with shared garden.
Purchased cash in 2022. Acquisition fully funded by a private lender.
Once purchase concluded the property was stripped out & sent to auction. The property sold at auction.
Purchase Price: £39,999
Sale Price: £52,000
Fees: £5,500
PROFIT: £6,500
If the property had not sold at auction, plan B was renovate, let out & refinance onto BTL mortgage, plan C was renovate, let out & sell tenanted to a turnkey investor.