Sourced are excited to introduce a prime investment opportunity – a two-bedroom, one-bathroom bungalow. With incredible potential to add value and generate impressive returns, this property is a fantastic prospect for investors!

Financials:
▪ Purchase price: £200,000
▪ GDV: £290,000
▪ Purchase costs: £62,800
▪ Profit once sold: £33,844
▪ ROCE: 32%
▪ Refurb costs: £30,000
▪ Contingency: £3,000/10%


▪ Buying survey: £1,000
▪ Insurance: £300
▪ Stamp duty: £10,000
▪ Buyers solicitor: £1,500
▪ Council tax - 6 months: £1055.69
▪ Utilities - 6 months: £300

▪ Sourcing fee: 1% of purchase price (minimum £3,000)

▪ Total Invested Funds: £106,155.69

Projected Returns:
▪ Est. sale price (GDV): £290,000
▪ Est. profit once sold: £33,844.31
▪ Est. profit percentage: 12%

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.