What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network
Key financials
GDV£115,000
Profit£12,905
ROCE13%
Purchase £ £5,095
Property description
Strategy: Buy to Sell
We are offering a strong buy-refurbish-sell opportunity with an accelerated purchase process via Redbrik Secure Move — meaning all legal work and searches have already been completed, significantly reducing transaction times and risk of fall-through.
Deal Summary
▪ Purchase price: £60,000
▪ Upfront costs: £4,750 (plus sourcing fee & deposit)
▪ Refurb costs: £30,000
▪ Projected profit (Net): £12,905
▪ ROCE: 13%.
▪ Affordable entry point with low acquisition cost.
▪ Targeted £30k refurbishment adds substantial value through modernisation.
▪ GDV supported by local comparables, ensuring confidence in resale pricing.
Exit Strategy
▪ Primary: Resale post-refurbishment, capitalising on uplift and securing projected profit.
▪ Alternative: Refinance and hold for rental income if desired — strong tenant demand supports flexibility.
Sourced reference: 142287694211692
Due diligence
This property, available at £60,000 with a £30,000 refurbishment budget, offers strong value-add potential in a proven local market. The use of Redbrik Secure Move means legal work and searches are already complete, significantly reducing transaction risk and speeding up completion. Local comparable sales support the uplift to GDV, underpinning the projected £12,905 profit and 13% ROCE. The refurbishment scope is primarily cosmetic and straightforward, limiting structural exposure, and a contingency is advised to cover unforeseen costs. Overall, this is a low-entry, high-return flip with reduced legal and timescale risks.
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Key financials
GDV£115,000
Profit£12,905
ROCE13%
Purchase £ £5,095
Sales Agent
Ben Kirby
Ben Kirby / Kirby Estates
Smart support to move your deal forward
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What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network