3-Bed BRRR in Nottingham

Why Invest?

• Purchase price significantly below the estimated £185,000 GDV
• Strong projected rent of £1,200 pcm
• Approximately 8% gross rental yield
• Projected 17% return on capital employed
• Three double bedrooms across approximately 97 m²
• Value-add opportunity through full refurbishment
• EPC F offers scope to improve efficiency and desirability
• Freehold property with standard construction
• Located close to Nottingham city centre and transport links
• Suitable for both rental-income and resale strategies
• Conservative £185,000 GDV used for appraisal

Property Details

• Three-bedroom terraced house
• 97 m²
• Freehold
• Standard brick construction
• EPC F – significant upgrade potential

Financials

• Target purchase price: £123,000
• Purchase costs: £11,500
• Refurbishment budget: £44,000
• Estimated GDV: £185,000

Purchase costs include:

• Sourcing fee: £3,000
• Legal fees: £2,000
• Insurance: £350
• SDLT: £6,150

• Estimated rent: £1,200 pcm
• Annual rent: £14,400
• Modelled mortgage payment: £578 pcm
• Estimated net income: £622 pcm
• Estimated net income: £7,463 pa
• Gross yield: approximately 8%
• ROCE: 17%
• Money remaining after 75% LTV refinance: £43,791

Six-month bridging loan modelled at 0.73% per month to refurb and refinance.

For further details or to invest contact.