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Coventry - Light Refurb and Sell

Coventry
£170,000
88 sqm
1 Unit
Purchase price £170,000
Monthly income
ROCE 26%
Gross yield

About this property

Extended 3-bedroom semi-detached property in a popular Coventry residential area — a strong refurb-and-sell opportunity with limited works required.

The property already benefits from three double bedrooms, an open-plan lounge/dining area, extended kitchen, refitted shower room, double glazing, gas central heating and front/rear gardens.

The proposed strategy is a very light refurbishment, focused on presentation uplift, minor modernisation and adding driveway parking to improve kerb appeal and resaleability.

With no onward chain, a double-storey extension already in place and strong family-home fundamentals, this is an attractive project for investors looking for a simple cosmetic uplift and resale exit.

Financials
 Value: £170000
 Purchase Price: £180000
 Purchase Costs: £56250
 Sourcing Fee: £3000
 Refurbishment Cost: £11760
 GDV: £225000
 ROCE: 26%
 Profit: £20115

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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