3-Bed Flip in Kent

3-Bed End of Terrace House in Kent

This property has now gone to best and final offers, it would require an offer of circa £150K to secure for the moment, that would result in an approximate profit of £23k on sale.

Strategy: BMV Flip

This 3 bedroom end of terrace House is In need of some refurbishment, hence the requirement to ideally buy with cash, or bridging finance and sell once the works are complete.

Key property details:
- End of terrace 3 bed house
- Freehold
- 83 sqm
- EPC D
- Council tax band B
- Vacant possession
- No chain

▪ Purchase price: £150,000
▪ GDV: £225,000
▪ Refurb costs: £25,000
▪ Purchase costs: £8,650
▪ Profit once sold: £23,000
▪ ROCE: 26%

▪ Sourcing fee: £4,800 inc vat
▪ New value estimate: £225,000

If you are interested in this or other opportunities we have, or would like us to find a specific opportunity for you please get in touch.