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£3,850,000
Profit£868,736
ROCE3,967%
Purchase £ £21,900
Property description
Strategy: Development
The Opportunity
A high-potential 0.333-acre (0.135-hectare) freehold development site located in a premium Surrey commuter hub. The land is level, currently unused, and offered with vacant possession.
Connectivity
- 0 Mins to Station: Located directly opposite a major mainline railway station.
- London Waterloo: 49-minute direct journey time.
- London Victoria: 1 hour 6-minute journey time.
Ideal for high-density professional commuting units.
Planning Status
Positive Pre-Application: Waverley Borough Council has provided formal feedback supporting the development of 9 apartments (3x 1-bed, 5x 2-bed, and 1x 3-bed penthouse).
Clear Site: Not within a Conservation Area and free from Tree Preservation Orders (TPOs), streamlining the path to full planning.
Infrastructure & Utilities
Utility Ready: The vendor will grant rights for direct connection to mains water, gas, and electricity already serving the retained land.
Financials (Est)
Target purchase price: £350,000
Purchase costs: £21,900
Build costs: £2,167,000
GDV: £3,850,000
Profits on sale: £840,136
ROCE: 3836%
ROI: 34%
Profit: 22%
Rentals NET income (after 10% letting fee and £12,031 mortgage payments)
Monthly: £2,278
Annual: £27,345
ROCE: 22%
Gross Yield: 5%
For further information or to invest please contact.
Secured Access: Permanent rights of access will be granted over the shared entrance with the vendor's retained property.
Sourced reference: 375748544767455
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£3,850,000
Profit£868,736
ROCE3,967%
Purchase £ £21,900
Sales Agent
Besnik Vrapi
Lendwell Properties Limited
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