Buy to Sell in Worksop, Value Uplift
About this property
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 agent has highlighted that the local market is in demand for this type of property.
The deal offers high profits upon sale.
This property has a quick exit potential, suitable for investors who are looking to do shorter projects.
The agent suggests this deal has great value-uplift potential.
Offer £100,000; Refurb £15,000; End value £145,000; Profit £16,000
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Bridging purchase profit £16,000
Cash purchase Profit £27,500
Quick renovate and sell property
Large garden
EPC D
Close proximity to Town centre
Good transport links in and out of the town
Motivated seller looking for quick sale
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Financial Information
Current value: £100,000
Purchase price: £100,000
Purchase costs: £6,500
Refurb/works cost: £15,000
Sourcing fee: £4,000
GDV: £145,000
Profit once sold: £16,000
ROCE (%): 25%
Investment required: £53,250
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.