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£199,000
Profit£25,081
ROCE32%
Purchase £ £72,850
Property description
Strategy: Buy to Sell
"Off-Market Below Market Value - Dunstable"
Address: 12 Linden Close, Dunstable, LU5 4PF (short lease flat, BMV)
We’ve had confirmation from the freeholder who is happy to grant a 999-year lease extension with the following terms:
▪ Premium: £39,450
▪ Legals capped at: £2,250 + VAT
▪ Admin fee: £500
▪ Non-statutory route (completion in weeks, not months)
▪ Agreed sale price £120,000 plus £3,500 sourcing fee
Comparable:
18 Linden Close is listed at £199,999 with 169 years on the lease. With a 999-year lease, 12 Linden Close should comfortably achieve £200,000+.
Options with this deal:
- Straight Sale (Preferred)
Best for those with cash or bridging. Simplicity wins — buy, extend lease, and realise the uplift. (Calculator Added for Straightforward Sale)
- Creative JV Structure (Worked Example)
▪ Conservative resale at £200,000 (based on 18 Linden Close):
▪ Vendor price agreed: £120,000
Investor costs:
▪ Lease extension premium: £39,450
▪ Lease extension legals: £2,700
▪ Freeholder admin fee: £500
▪ Deal sourcing fee: £3,500
▪ JV agreement & RX1 form: £1,500
▪ Total Investor Input: £47,650
▪ Resale value: £200,000
▪ Vendor receives: £120,000
▪ Investor outlay: £47,650
▪ Profit on JV uplift: £32,350
JV only considered with:
- NDA signed
- Sourcing fee paid upfront
- Solicitor engaged for agreement & RX1
Additional Support (for either purchase or JV):
- RICS surveyors at competitive rates
- Fast bridging up to 80–85% LTV with one of our lenders
- For higher funding needs, broker partner Rakhee can secure additional terms
- Extremely competitive solicitors to expedite the process
Sourced reference: 234227594993875
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£199,000
Profit£25,081
ROCE32%
Purchase £ £72,850
Sales Agent
Marcello Cipriani
Sol Cipriani Limited
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