ALEXANDER ROSENTHAL'S BRRR CASE STUDY
Alex's BRRR: £53.2K purchase to £90K valuation
Buy, refurbish, refinance and rent. Alex's Wallasey investment shows how careful property sourcing and a modest refurbishment can help an investor recover capital for the next purchase while retaining a rental property.
Dominic Farrell sourced the two bedroom semi detached house to match Alex's requirements. He completed the purchase in 2024 for £53,200, then spent a little over £10,000 on refurbishment. The house now rents for £740 per month, and a lender valued it at £90,000 in 2026.
How much capital stays in the property? At 75% loan to value, the £90,000 valuation supports £67,500 of borrowing. Against a purchase and refurbishment cost of just over £63,200, this would recover that capital and release just under £4,300 extra before other costs, leaving £22,500 of equity in the property.
The 75% LTV figures illustrate the refinance calculation. Any existing borrowing must be repaid from the proceeds. Purchase costs, finance charges and refinancing fees reduce the amount recovered. Released funds are borrowing, not realised profit. The gross yield excludes buying costs and running expenses.
“A big thank you to Dominic, Claire, Josh and the team for their expert advice, enthusiasm, and for guiding me every step of the way.”
Alexander Rosenthal
Read Alex's full BRRR case study
Considering a similar approach? Explore our BRRR property investment strategy or talk to us about your next purchase.