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£180,000
Profit£17,400
ROCE24%
Purchase £ £8,500
Property description
Strategy: Buy to Sell
Spacious 3-bedroom, semi-detached in Mansfield available for just £120k. With light works to modernise, this property offers excellent uplift potential and a solid return.
Deal Metrics
▪ Purchase Price: £120,000
▪ Purchase costs: £8,500 (plus deposit & sourcing fee)
▪ Refurbishment: £20,000
▪ GDV: £180,000
▪ Profit once sold: £17,400
▪ ROCE: 24%
A well-sized family home in a popular area, this is a straightforward project with strong comparables to support resale.
This 3-bedroom semi in Mansfield represents a solid investment in a popular residential area with strong demand for family homes. The £20k refurbishment budget allows for a full modernisation, with no major structural works anticipated, making the scope straightforward and low risk. Comparable sales support the projected GDV of £180k, underpinning the anticipated £17,400 profit. With upfront costs accounted for at £8,500 (plus deposit and sourcing), and a projected ROCE of 24%, this deal presents a well-balanced opportunity with clear exit potential through resale.
For further information, please get in touch.
Sourced reference: 445622445589624
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£180,000
Profit£17,400
ROCE24%
Purchase £ £8,500
Sales Agent
Ben Kirby
Ben Kirby / Kirby Estates
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