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£120,000
Profit£13,052
ROCE23%
Purchase £ £30,700
Property description
Strategy: Buy to Sell
A straightforward, low-hassle flip with strong returns and a clear exit—ideal for investors who like clean numbers and quick turnarounds.
Property is in need of a cosmetic refurbishment throughout. Strong comparables available for GDV estimation.
Ilkeston is a well-established residential area with a range of local amenities and facilities, including several schools. It has transport links to both Nottingham and Derby city centres, and its proximity to the M1 motorway provides access for commuting.
Key Facts:
Purchase Price: £72,000
Upfront Costs: £30,700
Refurbishment: £18,000
GDV: £120,000
Profit: £13,052
Profit %: 13%
ROCE: 23%
A tidy project with controlled inputs and a healthy margin—exactly the type of deal that works well for keeping cash moving and returns consistent.
Sourced Enterprise – Full limited company formation and accounting solution for tax-efficient portfolio structuring
Sourced Financial Services – Access specialist property lending and mortgages, created for investors
Sourced Lettings– Seamlessly integrate property management using our nationwide lettings network
Sourced reference: 223417857775316
Due diligence
No information supplied.
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£120,000
Profit£13,052
ROCE23%
Purchase £ £30,700
Sales Agent
Ben Kirby
Ben Kirby / Kirby Estates Sourcing
Smart support to move your deal forward
Review the numbers
We've pre-crunched the figures for you.
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