£70k+ Profit BRR2SA – Solihull

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Finders Fee: 4000

West Midlands

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Headline Deal Details

Extended 3 Bedroom, 1 Bathroom, Semi-detached House
Purchase Price: £275k
Stamp duty and legals £19,500
GDV: £410k
Refurb Cost: £34.5k Approx
Furnishing £4,000
Plan A: Refurb, Sell
Plan B: Refurb, Refinance and run as SA – £145adr, 80% occupancy.
Needs: Plastering, Decorating, Flooring, Kitchen, Bathroom, Central Heating System, Rewire, Front and Back door, All Interior doors, Front Garden, Rear Garden
Profit: £80k (£97.5k if bought in a personal name as a sole residence due to stamp duty savings)
Project Management Available

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