BRRR in Nottingham

BRRR Opportunity with Large Side Plot | Nottingham

• BRRR investment opportunity Nottingham
• End-terrace freehold property with a substantial side plot
• Vacant possession
• Requires refurbishment, providing strong value-add potential
• Additional land may offer scope for extension or development, subject to planning permission and all necessary consents
• Nearby sold comparables do not benefit from an equivalent side plot

Property Details

• End-terrace house
• Freehold
• 76 m²
• EPC rating: D (63), with potential to improve to C (77)
• Large garden and side plot
• Established residential location

Financials

• Target purchase price £110,000,
• Purchase costs: £10,850, (includes £3,000 sourcing fee, legal £2,000, insurance £350, stamp duty £5,500
• Estimated refurbishment budget: £33,000
• GDV: £165,000–£175,000
• Estimated refinance at 75% LTV: £123,750–£131,250
• Capital remaining in the deal after refinance: £30,100
• Estimated rent: £1,000 PCM
• Gross yield 8%
• ROCE: 23%
• Total investment required: £71,350

For further details or to invest contact.