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£180,000
Profit£17,850
ROCE25%
Purchase £ £42,050
Property description
Strategy: Buy to Sell
25% ROCE Quick Flip in Warrington
This thee bed terraced property based in Warrington is in need of a cosmetic refurbishment, making it suitable for an easy Flip project.
This is an OFF MARKET 14% Below Market Value Flip opportunity.
RICS Survey available upon request, as well as a structural report which confirms the property is in good condition structurally, therefor the works requested are purely cosmetic. Local builders available which I have had experience working with and can assign should it be necessary for investors.
Local comparables have sold for £180,000-£200,000 around a similar size with modernised condition, making this property an ideal low risk opportunity.
Key Financials:
Purchase: £120,000
Value: £140,000
BMV: -£20,000
Purchase Costs: £42,050 (Includes Deposit and Sourcing Fee of £4,000)
Refurbishment Costs: £22,000
GDV: £180,000
Profit Once Sold: £17,850
Investment Required: £72,150
ROI: 11%
ROCE: 25%
Profit %: 10%
For further information, please get in touch.
Sourced reference: 311181312631274
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£180,000
Profit£17,850
ROCE25%
Purchase £ £42,050
Sales Agent
Kenan Bilal
Sourced Group LTD
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