£ 675,000
Added: 19/11/2024
GDV£1,100,000
Profit£130,000
ROCE28%
Property description
Strategy: Buy to Sell
This off-market opportunity is a 2-bedroom, lower ground-floor apartment located in Wandsworth, London. The property is well-maintained and offers significant potential to add value through a rear extension, subject to planning (STP).
Spanning 1,035 square feet, the apartment features a private garden, providing a rare and desirable outdoor space. With its prime location and scope for enhancement, this property represents an excellent investment opportunity.
The financials:
▪ Purchase price: £675,000
▪ Market value: £850,000
▪ GDV: £1,100,000
▪ Estimated costs of works: £150,000
▪ ROCE: 28%
▪ Profit once sold: £130,000
▪ Sourcing fee: 2%
Sourced reference: 419361565153654
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.
Due diligence
No information supplied.
