South Normanton BRRR

Investment Opportunity: 2-Bed Mid-Terrace Refurb Project in Alfraton
Purchase Type: Cash-only

Project Overview:
A traditional 2-bedroom mid-terraced property requiring a full cosmetic and structural refurbishment throughout. The planned works include the installation of a brand new kitchen, a modern family bathroom, and a complete contemporary redesign across both floors to maximise end value.

Financial Profile:
Purchase Price: £70,000
Purchase Costs: £9,000
Refurbishment Budget: £22,500
Total Capital Required: £101,500
Gross Development Value (GDV): £125,000
Net Profit on Sale: £21,250
Return on Capital Employed (ROCE): 20%

This is a straightforward, high profit flip opportunity in an established residential area, priced realistically for a cash buyer looking for a fast exchange and straightforward renovation project. Floor plans and full details are available upon request.