Buy to Sell in London, BMV

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.

Financial Information
Current value: £220,000
Purchase price: £150,000
Purchase costs: £70,250
Refurb/works cost: £0
Sourcing fee: £5,000
GDV: £220,000
Profit once sold: £34,250
ROCE (%): 49%
Investment required: £70,250