Hucknall Light Refurb Flip
About this property
Here’s a fantastic opportunity in Hucknall: a light renovation project that promises great returns. For just £75,000 purchase price and a £15,000 refurbishment budget, this property is set to reach a GDV of over £120,000. After sale, you can expect a profit of £19,250, delivering a solid 19% ROI. Perfect for investors seeking a straightforward uplift in a growing area.
Key Figures:
Purchase Price: £75,000
Refurbishment: £15,000
GDV: £120,000+
Profit: £19,250
ROI: 19%
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Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.