Sourced Approved Investment

OM BMV - Derbyshire East Midlands - House

£ 2,000,000

Added: 01/05/2025

GDV£24,000,000

Profit£131,250

ROCE6%

Property description

Strategy: Buy to Sell

The property is located at High Lane East, West Hallam, Derbyshire, DE7 6HW. The agreed purchase price is £2 million, with an end value and GDV of £2.4 million, although there are no sold comparables currently available. SDLT is not exempt, and a RICS valuation has been completed at £2.4 million. The property will be acquired with vacant possession (VP).

The financials:
▪ Purchase price: £2,000,000
▪ GDV: £24,000,000
▪ Purchase costs: £258,750
▪ Profit once sold: £131,250
▪ ROCE: 6%

Sourced reference: 296991478348252

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.

Read more

Due diligence

No information supplied.

Sales Agent

Jon Solitro

Sol Cipriani Ltd

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