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£125,000
Profit£21,250
ROCE20%
Purchase £ £9,000
Property description
Strategy: Buy to Sell
Investment Opportunity: 2-Bed Mid-Terrace Refurb Project in Alfraton
Purchase Type: Cash-only
Project Overview:
A traditional 2-bedroom mid-terraced property requiring a full cosmetic and structural refurbishment throughout. The planned works include the installation of a brand new kitchen, a modern family bathroom, and a complete contemporary redesign across both floors to maximise end value.
Financial Profile:
Purchase Price: £70,000
Purchase Costs: £9,000
Refurbishment Budget: £22,500
Total Capital Required: £101,500
Gross Development Value (GDV): £125,000
Net Profit on Sale: £21,250
Return on Capital Employed (ROCE): 20%
This is a straightforward, high profit flip opportunity in an established residential area, priced realistically for a cash buyer looking for a fast exchange and straightforward renovation project. Floor plans and full details are available upon request.
Sourced reference: 376286321832636
Due diligence
No information supplied.
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£125,000
Profit£21,250
ROCE20%
Purchase £ £9,000
Sales Agent
Ben Kirby
Ben Kirby / Kirby Estates Sourcing
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