Funds to Purchase Part-Refurbished Flats in Dundee

Funds to Purchase Part-Refurbished Flats in Dundee
Funded: £113,000
Location: Dundee, Scotland
Property Type: Residential
Funds For: Refurbishment
Timeframe: 14 Days

Our client had the opportunity to purchase 3 part-refurbished flats in Dundee.

Due to the poor condition of the properties, our client was able to purchase them for well below market value – on the proviso that the transaction was concluded quickly.

Lowry Capital provided the funds to purchase the properties and will provide further funding to help with the refurbishment works, as and when required.

“Lowry Capital has always had a strong appetite for lending on refurbishment projects as we understand that refurbishments often represent the most lucrative opportunities for property investors. We are also able to provide further funding in tranches throughout the refurbishment cycle. We keep the process simple and only require a further inspection from the original surveyor in order to release further funds within 48 hours.”