![23 Skene Sq 1](/files/property/_big/2587/23-Skene-Sq-1.jpg)
![23 Skene Sq 1](/files/property/_small/2587/23-Skene-Sq-1.jpg)
![23 Skene Sq 2](/files/property/_small/2588/23-Skene-Sq-2.jpg)
![23 Skene Sq 3](/files/property/_small/2589/23-Skene-Sq-3.jpg)
![23 Skene Sq 4](/files/property/_small/2590/23-Skene-Sq-4.jpg)
![23 Skene Sq 5](/files/property/_small/2591/23-Skene-Sq-5.jpg)
![23 Skene Sq 6](/files/property/_small/2592/23-Skene-Sq-6.jpg)
Buy, Refurbish, Rent, Refinance (BRRR)
Skene Square, Aberdeen, AB25 2UP
£80,000 GDV
1 bed flat, purchased in 2021.
Internal renovation required approx £5000.
Let furnished at £450pcm.
Home Report Value (2021) when purchased (pre-renovation) was £65,000.
Description
Type
Buy, Refurbish, Rent, Refinance (BRRR)
Location
Aberdeen
GDV(Gross Development Value)
£ 80,000
Purchase Price
£ 50,000
Costs(Refurbishment & Fees)
£ 8,000
Total Cash Required
£ 20,500
Rent
£ 450
1 bed flat, purchased in 2021.
Internal renovation required approx £5000.
Let furnished at £450pcm.
Home Report Value (2021) when purchased (pre-renovation) was £65,000.