Shuttlewood 2 to 3-Bed Flip
About this property
This is a great investment opportunity in Shuttlewood Chesterfield—transforming a 2-bedroom to a 3-bedroom home. With a purchase price of £80,000 and a £25,000 refurbishment budget, this property is expected to hit a GDV of £145,000, backed by solid comparables. Once sold, you’ll see a profit of £28,000 and an impressive 24% return on capital.
Key Figures:
Purchase Price: £80,000
Refurbishment: £25,000
GDV: £145,000
Profit: £28,000
ROI: 24%
For further information, get in touch.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
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.