Firrhill Crescent, Edinburgh
This three bedroom property in a popular area of Edinburgh was purchased for £100,000. At the time of purchase the property was valued at £130,000 – as ever our business is predicated on our ability to secure property stock under open market value.
This home required extensive refurbishment both internally and externally.
Using our private finance model we returned a fixed return of 1% per month fully secured against this property. Our funding partner had complete security on the property and comfort in the knowledge that it carried a market valuation well in excess of purchase price.
Post works this property was sold for £210,000