Buy, Refurbish, Rent, Refinance (BRRR)

Forest Road, Aberdeen, AB15 4BP

£200,000 GDV

2 bed flat in west end.

Purchased using a "Bridge to Let" product in 2021. Acquisition fully funded by a private lender.

Full internal renovation.

Let unfurnished.

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Description

Type
Buy, Refurbish, Rent, Refinance (BRRR)
Location
Aberdeen
GDV(Gross Development Value)
£ 200,000
Purchase Price
£ 112,500
Costs(Refurbishment & Fees)
£ 31,300
Total Cash Required
£ 59,400
Rent
£ 1,000

2 bed flat in west end.

Purchased using a "Bridge to Let" product in 2021. Acquisition fully funded by a private lender.

Full internal renovation.

Let unfurnished.

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