If you are looking for an easy flip project with very simple cosmetic refurbs involved and a very impressive return of £38k profit and 38% ROCE, this deal is a great opportunity for you.
Strictly cosmetic only refurb required as the property is in good condition. Purchased for £230k, With approx £18k costs for work, this property can be brought back to life and comfortably sold for £310k. Price has been negotiated down £20k below asking price and the agents are looking for movement. If you are interested, please get in touch.

Financial information:
▪ Value: £260,000
▪ Purchase price: £240,000
▪ Sourcing fee: £4,000
▪ Refurb costs: £18,000
▪ GDV: £310,000

Key Metrics:
▪ Profit: £38,000
▪ ROCE: 38%
▪ ROI: 14%
▪ Profit: 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.