If you’re thinking of following the powerful BRRR formula—Buy, Refurbish, Refinance, Rent- our livestream auction on 26th June offers five hand‑picked properties under £40k, ideal for avoiding the Additional Dwelling Supplement (ADS) and maximising returns.
How to BRRR:
Buy – And buy smart. Staying under £40k helps you dodge the ADS, reducing tax overhead. Auction is a great place to find bargain properties, and you’re always in control of your maximum bid.
Refurbish – Focus on homes that need work— this gives you a chance to add value and boost resale/rental potential. Refurbish wisely - Kitchens, bathrooms and finishes can really make a property shine.
Refinance – Once enhanced, you can secure a buy‑to‑let mortgage against the new value. To do this strategically, approach lenders for a buy-to-let mortgage aligned with the new market value and tap into that increased equity!
Rent – Find tenants and aim for rental income that covers mortgage, upkeep, and ongoing costs—leaving profit on the table.
Check out these five properties going to auction on 26th June for under £40k that would make excellent BRRR investments!
6d Castle Street, Newtyle, Blairgowrie, Perthshire PH12 8TX
1 bedroom maisonette | Guide Price: £37,500+
Scope to add value and a great potential rental yield of 12% on completion of works.
Open viewing: Thursday 19th June, 15:00-15:30
CLICK HERE FOR MORE INFORMATION
Flat2/2, 167 Victoria Road, Aberdeen, Aberdeenshire
