Buy, Refurbish, Rent, Refinance (BRRR)
Main Street, Newmills, KY12 8SS
£145,000 GDV
3 bed mid terraced cottage, purchased in 2019 (ADS became 4% 25-Jan-19).
Internal renovation including damp repair works, new kitchen, new flooring, decorating & minor handyman repairs.
Let unfurnished, no white…
Description
Type
Buy, Refurbish, Rent, Refinance (BRRR)
Location
Fife
GDV(Gross Development Value)
£ 145,000
Purchase Price
£ 111,000
Costs(Refurbishment & Fees)
£ 11,400
Total Cash Required
£ 39,100
Rent
£ 695
3 bed mid terraced cottage, purchased in 2019 (ADS became 4% 25-Jan-19).
Internal renovation including damp repair works, new kitchen, new flooring, decorating & minor handyman repairs.
Let unfurnished, no white goods at £695pcm (low rent as during 1st covid lockdown, market rent was £750pcm at the time).