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Melscot Property Group, Fraserburgh (2026)

02/10/2025

Fraserburgh Serviced Accomodation Live! 🌟

Melscot Property Group are delighted to bring to the market our newly renovated 3-bed appartment in the heart of Fraserburgh 🏡

This incredibly spacious property has 3 bedrooms with a maximum capacity of 6 guests, and is the perfect accomodation for anyone requiring somewhere to stay in the North East of Scotland. A true home from home 🏴󠁧󠁢󠁳󠁣󠁴󠁿

Whether this is for contractors coming for work, family coming to visit, tourists to see the sights, or infact golfers looking for a base to play the incredible courses we have on our doorstep, we’re sure this will tick all the boxes ⛳️ ✅

Soon to be launched is a 2 bed appartment in the same block renovated to the same high standard, keep your eyes peeled for that 👀 🏠

For guaranteed best rates book direct with agent (airbnb / booking.com also available) 📅 🔥

https://www.sjastays.com/property/fraserburgh-residence-sja-stays-modern-3-bed-apartment/

22/07/2025

PROJECT COMPLETE 🌟 🤩

Our latest project is now complete and live on the Aberdeen serviced accommodation market 😄

We couldn’t be happier how this one turned out. We’ve taken this one from a dilapidated 2-bed flat to a luxurious 3-bed appartment, all done to an incredible standard thanks to the refurb team 😮‍💨

Some great numbers on this one too, a testament to the original vision prior taking this project on. Gut renovations are not for the faint hearted 🫣

We’re actively looking to work with investors who would like to put their funds to work in our projects. If you have cash in the bank eroding with inflation, get in touch for a no obligation chat to discuss how we can work together 💸

21/05/2025

Deal Diaries - Unicorn Alert 🦄🌟

Thrilled to get the valuation back at our second Aberdeen project, and once again an all-money-out project for us. That’s 2 for 2 in the same block 💸

But what does this mean? In simple terms it means we have received more cash back at the point of refinance than we put into the deal. This was achievable due to buying below home report, adding value with an extensive refurbishment, before refinancing at the new market value 🏡

Check out the numbers below:

Purchase Price: £57,000
ADS (Stamp Duty): £3420
Legals: £1000
Refurb: £38,000
PM: £4000
Bridging Interest & Fees: £3800
Utilities: £2500
Total Money In: £109,720

Refinance
End Val: £150,000
75% Loan: £112,500
Equity: £37,500
Cash Left In: ~ £0 after refinance fees

This will now turn over to the serviced accomodation market and should cashflow nicely. Keep an eye our for the professional photos soon 🤩

With an exciting pipeline of projects, we’re continually looking to speak to individuals who may have some spare funds in the bank that they’d like a better return on. Feel free to get in touch for a no-obligation chat to discuss how we can put your funds to work in our projects 🫱🏻‍🫲🏼 🏡

14/05/2025

Bookings now live ⚡️

Delighted to say our first of 2 serviced accomodation units in Aberdeen is now live for bookings! 🏡

This 3-bed property underwent a complete renovation, including a new gas supply, full central heating system, entended bathroom and new kitchen. It has since been staged and I think you’ll agree it looks great!

Whilst primarily looking to service the contractor accomodation market, this property also suits anyone looking to stay nearby to the main hospital campus, or indeed visitors to the city and area such is it’s location and ease to access all parts of town 🏭

For the best prices, this property can be booked directly on the link below:
https://www.sjastays.com/property/church-street-residence-sja-stays-3-bed-apartment/

The second of two properties in the block will be live imminently, enabling a total of 6 bedrooms in the same location for those larger groups 🏡

We would greatly appreciate any shares to this post!!

17/04/2025

Meet the faces behind Melscot Property Group! 🏡

👷‍♂️ Scott is an accomplished engineer with an undeniable passion for property. With a technical background and a head for numbers, this lends itself perfectly when building a property portfolio, with risk and project management key to success 🔨 💸

💎 Melissa has over a decade of experience in luxury sales, with her eye for detail and creative flair naturally lending itself beautifully to elegant interior design 🎨 🏠

Together we make quite the team, combining technical know-how and a keen sense of style to create exceptional spaces for our tenants and guests 🌟

Follow along as we continue to build our business, one project at a time! 🏡💼

02/04/2025

COMPLETION DAY 🥳 🏡

Pleased to say we have got our latest project over the line! This 2-bed flat in the heart of Peterhead was bought at auction, and fits our buy-refurbish-refinance to serviced accommodation model perfectly that we have deployed across our other projects 🔨

With it’s fantastic location in the town centre, with it’s own front door and ample parking, this will be be perfect for contractors and tourists alike who visit the area for work or pleasure 🏴󠁧󠁢󠁳󠁣󠁴󠁿

It wouldn’t be property if there wasn’t issues along the way, and today we found out the keys were ready for collection from the sellers solicitors… 200 miles away 🔑 🤣

Here’s to a more straightforward refurb… 🔧 🏡

01/04/2025

STAGING COMPLETE 🌟 🤩

Our Aberdeen serviced accomodation project has been staged and is ready to hit the market! We couldn’t be happier how this turned out, a fantastic renovation carried out by and , before being handed over to the amazing Claire from to stage the property ready for guests!

I think you’ll agree this property looked amazing, giving a luxurious home from home for tourists and contractors visiting the city 🏙️ 🏴󠁧󠁢󠁳󠁣󠁴󠁿

This will@be live imminently with and we can’t wait to see how it performs 😀 📅 ✅

26/03/2025

Progress Updates 🏡 🔥

Back to the work after a fantastic time off! It was great to check in with our various live projects on the property side. The teams we have in place to undertake the works have been flying of late👷‍♂️💼

With 1 project renovation complete and staged, 3 more ongoing, as well as a new purchase due to complete next week, it has been all go. Check out some pics on this post, we couldn’t be happier how things are progressing 🤩

To top off the time at home I presented to the SJA Property Community. This involved giving them an overview of our property journey to date, as well as detailing our deals complete and lessons learned along the way. It was great to reflect back to see how far we’ve came 🙇🏻‍♂️

Excited to see where we are this time next year 🚀

30/01/2025

Deal Diaries 🌟

We have had a fantastic result on our latest project, with the confirmed end value exceeding our intial projections 🎉

This is a testament to the work undertaken on the refurb, which included a new kitchen, new & extended bathroom, full gas heating system (inc new gas supply to property), 3rd bedroom conversion, as well as a full redecoration throughout 🔨

The remortgage lender’s survey has confirmed an end value of £160k, which confirms this to be a rare “unicorn” all-money-out deal for ourselves 🦄 💸

High level project breakdown is as follows:

Purchase: £61.2k
Refurb: £40k
Taxes, Interest & Fees: £15.1k
Total Costs In: £116.3k

End Value: £160k
Remortgage @ 75% LTV: £120k
Money Left In Deal: -£3.7k

This will now turn over to the serviced accomodation market and should cashflow nicely ✅

We have several new refurbishment well projects underway, one of which should have even better numbers than the above 🤩

Due to this strong backlog of projects, as well as an exciting pipeline for 2025 and beyond, we are currently raising private investor finance 💰

If you have funds available and would like to hear how we can offer bank-beating returns, get in touch and we can discuss how we can work together 🏡 🏦

21/01/2025

EPC Success 🌟

We are thrilled to announce the EPC success of our recent project! 🎉✨

Our hard work has paid off as we’ve managed to improve the EPC rating of this 1900’s property from an E to a C. 🌿🏡 This means our property is now more energy efficient, reducing our carbon footprint and making our home much more sustainable.

Stay tuned for more exciting updates and thank you for your continued support! 🌍

12/12/2024

PROJECT 1 BEFORE & AFTER 🙌🏻🤩

We are thrilled to get our first refurb over the line, and what a transformation it has turned out to be 🏡

We have turned this severely dated and uninhabitable 2 bed flat into a luxurious 3-bed appartment, ready to service the short-term rental market in Aberdeen 🏴󠁧󠁢󠁳󠁣󠁴󠁿

A huge shoutout to the team at SJA, who project managed this one on our behalf. We think you’ll all agree they done an incredible job! 🌟

Now it’s straight onto the refinance process, with the surveyor in today. Fingers crossed for a strong valuation 🤞🏻

Stay tuned as we look to furnish the property which will certainly be the cherry on top 🤩🏡

10/12/2024

COMPLETION DAY (Again) 🏡 🏴󠁧󠁢󠁳󠁣󠁴󠁿

We know what you’re thinking, we’ve already completed on this property… This isn’t entirely the case! Whilst we previously purchased the upstairs appartment in this block (the refurb of which is just finishing up), we’re thrilled to announce we’ve now completed on the downstairs too!

Both properties went on the market at the same time, and infact both went to closing date on the same day 🫨. We couldn’t afford both at the time so stuck our offer in on the upstairs (due to us believing there was less competition), and thankfully our offer got accepted🤩. What was peculiar is that a few weeks later, the downstairs property wasn’t ‘under offer’. We were then able to capitalise on the situation, and offer on the downstairs free from the pressure of a closing date.

By structuring the offer based on a ‘delayed completion’, we were able to negotiate a period of time post-completion on the upstairs property, which allowed us to arrange additional funds to complete the deal 💸

We were actually due to complete on this property during the first half of the year but various delays has pushed it back til now. Not to worry however, as armed with the learnings of the upstairs refurb, we’re now better prepared to crack on with a (hopefully) copy & paste 2-3 bedroom conversion project on the downstairs 🔨

This wouldn’t have been possible without learnings and knowledge gained from the property networks we are involved with. By leveraging the experience and expertise of those around us, we have been able pull off this deal and taken ownership of both (all) appartments in the block, which brings with it it’s own long term advantages.

Follow along as we’ll be sharing further learnings and updates as the refurb project progresses 🏠 🌟

Melscot Property Group

02/10/2025

22/07/2025

21/05/2025

14/05/2025

17/04/2025

02/04/2025

01/04/2025

26/03/2025

30/01/2025

21/01/2025

12/12/2024

10/12/2024

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