Buy, Refurb, Rent, Refinance (BRRR)

Wedderburn Street, Dunfermline, KY11 4PL

£100,000 GDV

2 bed upper flat with driveway & garden

Home Report: £70,000
Purchase Price: £65,000
Refurb Estimate: £15,000
Estimated End Value: £100,000

Rent Value Post Refurb: £850pcm

Renovation required…

READ FULL DESCRIPTION

Description

Type
Buy, Refurb, Rent, Refinance (BRRR)
Location
Fife
GDV(Gross Development Value)
£ 100,000
Purchase Price
£ 65,000
Costs(Refurbishment & Fees)
£ 21,400
Total Cash Required
£ 37,700
Rent
£ 850

2 bed upper flat with driveway & garden

Home Report: £70,000
Purchase Price: £65,000
Refurb Estimate: £15,000
Estimated End Value: £100,000

Rent Value Post Refurb: £850pcm

Renovation required however seller had made a start.

Work completed:
New bathroom, new fuseboard, boiler replaced few years ago. Windows are modern uPVC, some aftermarket trickle vents fitted, would recommend adding to all windows. Roof repairs carried out couple years ago (flashing round chimney and general repairs). Roughcast in good order.

Work required:
Decorating & flooring throughout, new kitchen, compliance inc smoke alarms, new internal doors, new skirtings, facings & ironmongery, garden tidy up.

Map