Conversion in Manchester

Strategy: Conversion
Unlock the potential of this off-market conversion opportunity in the M21 (South Manchester) area. Previously converted into self-contained flats and now returned to a single dwelling, this project offers significant scope for experienced developers seeking strong value uplift. Ideal for a hands-on investor looking for their next high-performing renovation project. Subject to Planning Permission.

Key Financials:
▪ Purchase price: £425,000
▪ GDV: £750,000
▪ Refurb costs: £110,000
▪ Purchase costs: £155,450
▪ Profit once sold: £91,400
▪ ROCE: 40%
Investment Required: £230,000