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Buy, Refurbish, Rent, Refinance (BRRR)

Braeface Road, Cumbernauld, G67 1HJ

£115,000 GDV

3 bed, 2 reception terraced house with private garden.

Purchased cash in 2020. Acquisition fully funded by a private lender.

Full internal renovation including installing gas.

Originally the renovation was going…

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Description

Type
Buy, Refurbish, Rent, Refinance (BRRR)
Location
North Lanarkshire
GDV(Gross Development Value)
£ 115,000
Purchase Price
£ 58,200
Costs(Refurbishment & Fees)
£ 27,800
Total Cash Required
£ 86,000
Rent
£ 650

3 bed, 2 reception terraced house with private garden.

Purchased cash in 2020. Acquisition fully funded by a private lender.

Full internal renovation including installing gas.

Originally the renovation was going to be around £15k however due to issues with a rogue builder the actual cost was closer to £20k.

Let fully unfurnished, no white goods.

Map