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Buy, Refurbish, Rent, Refinance (BRRR)
Sunnyside, Kilmaurs, Kilmarnock, KA3 2RZ
£90,000 GDV
Traditional 2 bed end terraced house with private garden & driveway.
Purchased cash in 2021 via auction. Acquisition fully funded by a private lender.
Minor repairs & compliance including full rewire.
Let…
Description
Type
Buy, Refurbish, Rent, Refinance (BRRR)
Location
East Ayrshire
GDV(Gross Development Value)
£ 90,000
Purchase Price
£ 51,000
Costs(Refurbishment & Fees)
£ 10,400
Total Cash Required
£ 61,400
Rent
£ 530
Traditional 2 bed end terraced house with private garden & driveway.
Purchased cash in 2021 via auction. Acquisition fully funded by a private lender.
Minor repairs & compliance including full rewire.
Let unfurnished, no white goods.
Home Report @ Purchase = £85,000
Purchase Price = £51,000
Refurb Costs = £5,300
Home Report @ Sale = £90,000
SOLD in 2023 tenanted for £86,500.