BTS in Bournemouth

The proposed strategy is to acquire the property, complete the planned improvement works and sell it on the open market. The projected return depends on purchase terms, delivery costs, programme timing and the achieved resale value.

Bournemouth - Flip Opportunity
Existing BMV property offering instant added value following light refurb and lease extension
Location: Bournemouth BH1 – Popular Rental Location within Walking Distance to Beach
Purchase Price: £ 95000
Estimated End Value (after light refurb and lease extension): £ 135000
Financials
▪ Purchase Price: £95000
▪ Investment Capital Required: £47680
▪ Sourcing Fee: £3500
▪ Refurbishment Estimate: £4080
▪ Estimated Lease Extension Cost: £8000 (Buyer should verify independently)
▪ GDV: £135000
▪ ROCE: 39%
▪ Profit on Sale: £18795
1 Bed First Floor Flat (vacant)
Approx. 38 sqm, good layout with separate kitchen
Short walk to local amenities
Large communal garden and bike store
Rent: £895 PCM
Gross Yield: 8%
Property already achieving EPC C
Leasehold – 80 Years remaining
Ground Rent: £ 328 PA
Service Charge: Approx. £1711 PA

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• Sourced Property – Fully Compliant Investment Agents sourcing investment opportunities for you
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Financial Information
Current value: £105,000
Purchase price: £95,000
Purchase costs: £7,100
Refurb/works cost: £12,080
Sourcing fee: £3,500
GDV: £135,000
Profit once sold: £18,795
ROCE (%): 39%
Investment required: £47,680