Buy, Refurb, Rent, Refinance (BRRR)
Laurel Bank, Dundee, DD3 6JA
£150,000 GDV
3 bedroom flat near Abertay University purchased in 2025.
Home report: £150k
Purchase price: £122k
Refurb Estimate: £5k
Rent value: £900pcm (£1,000+ as an HMO)
HMO licence lapsed 2 years prior to completion.…
Description
Type
Buy, Refurb, Rent, Refinance (BRRR)
Location
Dundee
GDV(Gross Development Value)
£ 150,000
Purchase Price
£ 122,000
Costs(Refurbishment & Fees)
£ 15,000
Total Cash Required
£ 45,500
Rent
£ 900
3 bedroom flat near Abertay University purchased in 2025.
Home report: £150k
Purchase price: £122k
Refurb Estimate: £5k
Rent value: £900pcm (£1,000+ as an HMO)
HMO licence lapsed 2 years prior to completion. Furniture required & mini renovatrion circa £3,000.