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£195,000
Profit£25,400
ROCE25%
Purchase £ £6,500
Property description
Strategy: Buy to Sell
A fantastic 3-bedroom property in Sheffield available at a reduced price for a fast sale. Planned for a full refurbishment to create a modern open-plan living space with glazed folding doors, brand-new central heating system, and complete redecoration throughout.
Deal Metrics
▪ Purchase price: £90,000
▪ Purchase costs: £6,500 (plus deposit & sourcing fee)
▪ Refurbishment: £55,000
▪ GDV: £195,000
▪ Profit once sold: £25,400
▪ ROCE: 25%
This is a more in-depth refurbishment with a clear strategy to significantly increase value and appeal, creating a high-demand family home.
This Sheffield 3-bedroom presents a strong investment opportunity with comparables in the local area confirming achievable resale values around the projected £195k GDV. The strategy focuses on adding significant value by transforming the property into a modern open-plan living space, enhanced with glazed folding doors to maximise natural light and appeal to family buyers. Alongside a full central heating installation and redecoration, these works elevate the property well above standard stock in the area, widening the buyer pool and supporting higher resale demand. With a purchase price of £90k, refurbishment budget of £55k, and a projected profit of £25,400, this project balances in-depth works with clear value-added outcomes, delivering a 25% ROCE.
For further information, please get in touch.
Sourced reference: 284845139642355
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£195,000
Profit£25,400
ROCE25%
Purchase £ £6,500
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