Project Rosalind avenue

Details

This 3 bedroom flat was purchased direct to vendor. The vendor had already done the majority of the refurbishment.

The vendor is a retiring landlord looking to sell off his portfolio. I have built up great rapport with the vendor, and we agreed on a price that both sides were happy with. It’s a win-win!

Property is all about relationships. Build great relationships with the right people, and you will get great deals.

Value

  • Purchase price £53,500
  • Legals and stamp £4,274.80
  • Broker fee £500
  • Refurbishment £5,305.15
  • End Value £80,000
  • Total money in £63,579.96
  • Money out on refinance £60,000
  • Rent £595
Ian Cowie - PROJECT ROSALIND AVENUE Ian Cowie - PROJECT ROSALIND AVENUE Ian Cowie - PROJECT ROSALIND AVENUE Ian Cowie - PROJECT ROSALIND AVENUE Ian Cowie - PROJECT ROSALIND AVENUE Ian Cowie - PROJECT ROSALIND AVENUE Ian Cowie - PROJECT ROSALIND AVENUE

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