Buy, Refurbish, Rent, Refinance (BRRR)
Victoria Road, Aberdeen, AB11 6NN
£60,000 GDV
1 bed flat, purchased in 2024. No ADS due to £39,999 + £2,000 moveables.
Internal renovation approx £5,000 required to maximise capital value.
Rent Value post renovation circa £550pcm.
Description
Type
Buy, Refurbish, Rent, Refinance (BRRR)
Location
Aberdeen
GDV(Gross Development Value)
£ 60,000
Purchase Price
£ 42,000
Costs(Refurbishment & Fees)
£ 6,000
Total Cash Required
£ 48,000
Rent
£ 550
1 bed flat, purchased in 2024. No ADS due to £39,999 + £2,000 moveables.
Internal renovation approx £5,000 required to maximise capital value.
Rent Value post renovation circa £550pcm.