BRRR in Basildon

A 1-bedroom leasehold apartment in Basildon, offering a manageable BRRR opportunity in an area with strong demand for modern rental accommodation.

The property is already in generally good condition, allowing the investor to focus on a targeted modern refurbishment rather than a substantial programme of works. The strategy is to improve its presentation and rental appeal, refinance against the projected uplifted value and retain it as a cash-flowing rental asset.

With an estimated £130,000 GDV, rental income of £1,000 pcm and a projected 25% ROCE, this is a compact BRRR opportunity suited to investors looking for a straightforward value-add project.

Key Financials

▪ Purchase price: £95,000
▪ GDV: £130,000
▪ Refurb costs: £6,140
▪ Money left in after refinance: £27,560
▪ Monthly rent: £1,000
▪ Monthly profit: £568.75
▪ Annual profit: £6,825
▪ Gross yield: 9%
▪ ROCE: 25%

A solid Basildon BRRR opportunity combining a light refurbishment, positive monthly cashflow and the potential to extract capital through refinancing.