08/11/2025
The Fraserburgh project has now been completed. 👇🏼👇🏼
Let’s review the financial aspects and how we financed this deal.
• Purchase price: £35,000 (cash)💷
• Additional dwelling supplement: £0
• Conveyancing fees: £1,000
• Renovation costs: £20,000
• Total investment: £56,000
This project was partially financed by a private investor, who will receive a substantial annual return on their investment. By combining the investor's funds with the refinancing from our previous project, we were able to make a cash purchase, thus avoiding costs associated with bridging finance and still having sufficient funds available for renovations.
With the projected new value of the property set at £70,000, we are currently in the process of securing a 75% mortgage based on this new valuation. This would enable us to access funds for our next property investment.
Following the refinancing, we anticipate that as little as £3,500 will remain invested in this deal, meaning that this asset effectively cost us just £3,500. It is projected to generate a monthly cash flow of £344, resulting in a net yield of 21%.
We are thrilled with the outcome of this deal thus far, as it exemplifies the advantages of investing in property. Unlike other assets, property offers distinct benefits such as control, cash flow, capital appreciation, and leverage.
If you’re interested in joining us and becoming part of our endeavor to expand our property empire, we provide excellent annual returns on invested capital that significantly outperform traditional bank rates. Feel free to reach out to us for a conversation.
Jamie