This property was sourced on to a returning client with this being the 2nd deal for them.
Our Blackpool based build team carried out the refurbishment.
The Numbers
Purchase Price: £83,000
Stamp and Legals: £3,490
Refurb: £6,290
Sourcing Fee: £3,000
Total Investment: £95,780
Refinance Revaluation: £105,000
75% LTV drawn down: £78,750
Money Left In: £17,030
Rent: £600pcm
Cashflow: £250pcm
If you are interested in sourced properties with us please get in touch
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