Sourced for a client through one of our direct-to-vendor campaigns, agreed at £60,000 with a quick sale. Located in a popular residential area of central Middlesbrough, this was an ideal BRRR buy-to-let opportunity.
3 Bed BTL
Middlesbrough
Property Breakdown
Property Information
Refurbishment
The refurbishment cost £23,000 and included a new bathroom and kitchen, full plastering, painting, partial rewire, and a new boiler. We also landscaped both the front and back gardens to enhance curb appeal.
Result
Revalued at £120,000, now generating £9,000 per year in rental income. A solid BRR deal that grew the client’s portfolio with a fully hands-off end-to-end service.
Financial Breakdown
£60000
Purchase Price
£23000
Refurbishment
£5000
Additional Fees
£60000
Total Cash Investment
£120000
GDV (End Value)
£9000
Rent PA
£3780
Cashflow PA
£0.00
Money Left in Deal
∞
Return On Investment
Project Portfolio
Take a look at some of our other completed projects.
