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Buy to sell

Flip in Birmingham

B17 9AH, Birmingham
£185,000
81 sqm
1 Unit
Purchase price £185,000
Monthly income
ROCE 337%
Gross yield

About this property

A well-positioned 3-bedroom freehold terraced property in the highly sought-after B17 Harborne market, within walking distance of Harborne High Street and close to the QE Hospital, University of Birmingham, local schools and amenities.

The property is dated and in need of modernisation, creating a clear buy-to-sell opportunity for an investor to add value through refurbishment, improved presentation and potential layout optimisation. It benefits from two reception rooms, an enclosed rear garden, double glazing, central heating and a recently updated shower room.

Financials
 Value: £240000
 Purchase Price: £185000
 Purchase Costs: £61050
 Sourcing Fee: £3000
 Refurbishment Cost: £34195
 GDV: £285000
 ROCE: 37%
 Profit: £39680

Work with us:

Sourced offer a comprehensive property wealth building package in one place;
 Sourced Investment Agents - Sourcing investment opportunities for you,
 Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
 Sourced Finance - Access specialist property lending and mortgages, created for investors.
 Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.
For further information, get in touch.

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Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.

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