BMV BTS in Norwich

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.
The agent believes this property is being sold at a discounted price, below the open market value.
This deal is suitable for cash buyers.
The seller is very motivated.
The deal offers high profits upon sale.
This is a turnkey property investment opportunity, meaning that the property does not require any refurbishment, allowing you to earn cashfow or sell the property efficiently.

Portfolio of 5 properties in Norwich.

Financial Information
Current value: £1,075,000
Purchase price: £850,000
Purchase costs: £977,075
Refurb/works cost: £0
Sourcing fee: £17,000
GDV: £1,075,000
Profit once sold: £170,825
ROCE (%): 18%
Investment required: £977,075