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£100,000
Profit£7,600
ROCE8%
Purchase £ £5,900
Property description
Strategy: Buy to Sell
BMV 1-Bed Flat in Manchester
311 Victoria Mill, Manchester, M40 7LL
- Approx 22% discount
- 1-bed third floor flat
- Leasehold – 112 Years Remaining
- Standard Construction
- Buy-to-Let / Flip Strategy
Investment Figures:
▪ Purchase price: £78,000
▪ GDV: £100,000
▪ Refurb costs: £5,000
▪ Purchase costs: £5,900
▪ Profit once sold: £7,600
▪ ROCE: 8%
▪ Sourcing fee: £3,000
▪ Total investment required: £92,400
Vendor / Deal Highlights:
• Vacant upon completion
• Open-plan kitchen-living space
• Well-appointed bathroom
• Comfortable bedroom
• Excellent access to local amenities, bars, and restaurants
• Strong transport links – 15 minutes to central Manchester
• Standard construction with long lease (112 years)
Accommodation:
Third Floor:
• 1 Bedroom
• Open-plan Kitchen-Living Area
• Bathroom
Recent Sold Comparables (within approx. 0.5 miles):
• Victoria Mill, Manchester M40 – 1 bed flat – Sold for £98,000 (Rightmove Sold Prices, last 6 months)
• Manchester M40 – 1 bed flat – Sold for £102,000 (Zoopla Sold Prices, last 6 months)
• Manchester M40 – 1 bed flat – Sold for £100,000 (Rightmove Sold Prices, last 6 months)
Additional Benefits:
• Vacant possession on completion
• Prime location in the M40 postcode area
• Short commute to central Manchester
• Access to bars, restaurants, and local amenities
• Strong rental potential for investors
An exceptional investment opportunity in Manchester’s thriving M40 area. This leasehold 1-bedroom third-floor flat offers a compelling Buy-to-Let or flip strategy with a projected ROCE of 8% and a 22% discount to current market value. Vacant upon completion, the property benefits from a functional layout, open-plan living, and excellent transport links, making it highly attractive for investors or first-time buyers looking to enter the Manchester property market.
Serious enquiries only.
Sourced reference: 439762211139883
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£100,000
Profit£7,600
ROCE8%
Purchase £ £5,900
Sales Agent
Jon Solitro
Jon Sol Property
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