BRRR in Rochdale
About this property
A 1-bedroom freehold house in Rochdale, offering a solid Buy, Refurbish, Rent, Refinance opportunity with value-add potential and strong projected cashflow.
The property benefits from 58 sqm of internal footprint, making it a relatively small refurbishment project with scope to improve rental appeal and uplift value.
With a projected £110,000 GDV, estimated rent of £750pcm, and projected monthly profit of £381.25, this deal is well suited to investors looking for a lower-entry BRRR opportunity with positive cashflow after refinance.
Key Financials
▪ Purchase price: £70,000
▪ GDV: £110,000
▪ Refurb costs: £17,140
▪ Money left in after refinance: £23,111
▪ Monthly rent: £750
▪ Monthly profit: £381.25
▪ Annual profit: £4,575
▪ Yield: 8%
▪ ROCE: 20%
A solid BRRR opportunity with a lower entry point, value-add potential, and projected positive monthly cashflow after refinance.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.