Sourced Approved Investment

19% Profit Flip in Hull Yorkshire Humber - House

£ 83,000

Added: 08/01/2025

GDV£150,000

Profit£28,000

ROCE47%

Property description

Strategy: Development

This is an opportunity for a very Profitable BRR in Hull. Introducing a 3-beroom to 4-bedroom BRR conversion in Hull East Yorkshire. This property offers an opportunity for investors to secure a deal with strong returns in a prime location.

This is a mid-terraced spacious property that requires a full renovation. With Builders in place, we will be able to handle and manage the project from start to finish.

Key financial highlights:
▪ Purchase price: £83,000
▪ GDV: £150,000
▪ Refurb costs: £28,000
▪ Profit: £28,000
▪ Profit: 19%
▪ ROI : 23%
▪ Gross yield: 7%

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Sourced reference: 423579578874636

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.

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Due diligence

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Sales Agent

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