Buy to Sell in Egremont, Renovation Project

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.
This opportunity is tailored for seasoned developers seeking high-return, high-complexity projects that demand professional contractor oversight and strategic execution.
This property requires renovation to maximise it's returns, therefor being sold as a renovation project.
The agent suggests this deal has great value-uplift potential.

This two double bedroom property offers excellent potential for investors looking to add value, in-order to maximize return on investment. It is well located in a popular residential area, positioned close to local amenities with variety of shops .

Financial Information
Current value: £74,000
Purchase price: £74,000
Purchase costs: £29,000
Refurb/works cost: £16,500
Sourcing fee: £4,000
GDV: £120,000
Profit once sold: £12,340
ROCE (%): 24%
Investment required: £52,160