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£950,000
Profit£210,000
ROCE9,999%
Purchase £ £18,750
Property description
Strategy: Development
I am offering a unique unregulated property loan opportunity for an investor seeking 20% return over 12 months, secured against a small residential development of three units in Codsall, Wolverhampton.
The scheme consists of two 3-bedroom semi-detached houses and one larger 3-bedroom detached property, located on the site of a former garage plot surrounded by established residential housing. The site is positioned within walking distance of local amenities and benefits from well-regarded primary and secondary schools nearby, making it attractive to family buyers.
The land has been valued conservatively, with additional potential upside supported by recent local appraisals from estate agents. This provides room for uplift beyond base projections.
The properties will be finished to a strong medium-to-high specification, including:
Flush windows
Character brickwork
Herringbone flooring
Vanity units with brass fixtures in bathrooms
22mm cabinet doors in kitchens
Quartz worktops
The development will be fully managed and delivered in-house, eliminating external management fees and allowing tight control over build costs and programme delivery.
This is structured as a straightforward unregulated loan agreement, offering a fixed 20% return over a 12-month term.
Funding Requirement
We are seeking:
Total Investment: £375,000
Investor Return: 20% per year
Term: 12 months
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Project Breakdown
Purchase Price: £225,000
Development Costs (build only): £400,000
Pre-development & Professional Fees: £50,000
Total Project Costs: £675,000
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Projected Outcome
Projected Profit (after all costs): £200,000
The investor receives a fixed 20% return (£75,000) over the 12-month term, with the remaining profit retained by the developer.
The development will be fully delivered in-house, reducing management costs and improving margin control. The site is located in Codsall, a strong residential area on the outskirts of Wolverhampton, with consistent demand for high-quality family homes.
If you are interested in this project and would like to arrange an initial call, please get in touch. Proof of funds will be required before full disclosure.
Email: David.mcdermott@sourced.co
Sourced reference: 266592182689452
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£950,000
Profit£210,000
ROCE9,999%
Purchase £ £18,750
Sales Agent
David McDermott
McDermott Developments & Co
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