Turnkey BTL (Vacant)
Stafford Street, Aberdeen, AB25 3UR
£50,000 GDV
1 bed flat purchased in 2025.
Home Report: £50,000
Purchase Price: £39,999 plus £2,500 for furniture
Rent Value: £550pcm
Pre approved for Mears, company let with 5 year fixed term. £568pcm with automatic annual…
Description
Type
Turnkey BTL (Vacant)
Location
Aberdeen
GDV(Gross Development Value)
£ 50,000
Purchase Price
£ 39,999
Costs(Refurbishment & Fees)
£ 5,000
Total Cash Required
£ 45,000
Rent
£ 550
1 bed flat purchased in 2025.
Home Report: £50,000
Purchase Price: £39,999 plus £2,500 for furniture
Rent Value: £550pcm
Pre approved for Mears, company let with 5 year fixed term. £568pcm with automatic annual increases.
Landlord compliance & furniture in place.
2x new electric heaters required
Minor modifications required to meet Mears spec, £1,000 budget.