Buy to Sell in Hampshire, 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 has highlighted that the local market is in demand for this type of property.
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.
Three bedroom terraced house,two reception rooms and kitchen. Require modernisation for optimal return.
Financial Information
Current value: £230,000
Purchase price: £230,000
Purchase costs: £75,800
Refurb/works cost: £35,000
Sourcing fee: £4,000
GDV: £345,000
Profit once sold: £37,500
ROCE (%): 28%
Investment required: £135,000
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.