Not to be missed! A new FLIP opportunity for your review.

The figures below are based on current market conditions, comparable sales within the last 12 months and local market analysis. All costs have been included to reflect a realistic project appraisal position. As always, property should be viewed as a medium to long-term investment opportunity with both value-add and future development potential.

This deal offers strong fundamentals, a low-entry purchase price and multiple future exit strategies including refurbishment, extension potential, title splitting or possible future development subject to planning.

Key property details:
• Detached property
• Approx. 119 sq m / 1,281 sq ft
• Freehold
• Rural setting with long plot
• Existing residential use established
• Vacant possession
• No onward chain
• Requires full cosmetic modernisation
• Scope to reconfigure into premium 5–6 bed family home subject to planning
• Potential future title split or land sale to developer subject to planning and access requirements
• Large linear plot with possible long-term development potential
• Existing outbuildings and external storage
• Strong value-add opportunity through refurbishment and layout improvement

Key financials:
• Target purchase price: £180,000
• Purchase costs: £16,650, includes:
• >£4,000 sourcing fee
• >£1,500 legal fees
• >£350 insurance
•>£10,800 SDLT
• Estimated refurbishment to modernise: £60,500
• Estimated total refurbishment and contingency allowance: £136,568
• Estimated GDV (refurbishment only): £360,000
• Estimated GDV higher if extended, reconfigured or future development potential realised subject to planning
• ROCE: 62%
• ROI: 31%
• Profit: 21%

Multiple potential exit strategies:

• Standard flip following refurbishment
• Refinance and hold
• Extend and upscale
• Potential future title split
• Potential future developer exit subject to planning

Development & Future Potential
- The property sits on a long plot which may offer additional future value beyond the initial refurbishment strategy.
- Subject to planning, access, drainage and local authority approval, there may be potential for:

• Extension and enlargement of the existing dwelling
• Creation of a premium 5–6 bed rural family home
• Potential title splitting in future
• Potential sale of part of the land to a developer
• Future redevelopment opportunities subject to planning policy at the time

These opportunities have not been formally approved and should be treated as speculative upside only. Buyers must rely on their own planning and legal investigations.

Important Notes
- All figures are approximate and provided for guidance purposes only.
- Refurbishment costs, GDV, future values, planning outcomes, title splitting potential and development opportunities are estimates only and may change.
- No warranty or guarantee is provided regarding future planning permission, redevelopment potential, resale value or future market growth.
- Buyers should undertake their own independent due diligence, planning investigations, legal review and financial appraisal before proceeding.
- Complete Investment Support Package
- With Sourced, you have access to a complete property investment support package in one place.

This includes:
• Sourced Enterprise – full limited company SPV setup and accounting support
• Sourced Finance – access to specialist lending options not usually available on the high street
• Sourced Living – fully compliant lettings and property management service
• Legal support – conveyancing team available if required

• Renovation support – experienced refurbishment team ready to assist with works where needed

For further details or to invest, please contact us.

Sourced reference: 451399446688114