Strategy: BRRR (Buy, Refurbish, Refinance, Rent)
Location: Leeds, West Yorkshire
Price: £250,000
Projected ROI: 12%
Cashflow: £1,800/month
This property in Leeds presents an excellent opportunity for the BRRR strategy. It requires light refurbishment, including updates to the kitchen, bathroom, and minor repairs. After the refurb, the property will be worth approximately £300,000, allowing for a cash-out refinance. The projected monthly rental income after refurbishment is £1,200, with strong rental demand in the area due to its proximity to transport links and local amenities. This is an ideal opportunity for investors looking to recycle their capital quickly.
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