Sourced is excited to present this exclusive property investment opportunity in Wolverhampton.

This 3-bedroom, 1-bathroom semi-detached home is poised for a remarkable transformation into a spacious 4-bedroom, 3-bathroom property, meeting the growing demand in this thriving area. With an acquisition price of £210,000 and a well-planned refurbishment budget of £80,000 (including contingency), this opportunity offers a compelling projected sale price of £380,000.

Investors can expect a robust Return on Capital Employed (ROCE) of 32% and an estimated profit of £54,250 upon sale. Partnering with Sourced means you’re supported by a trusted ally dedicated to delivering profitable, high-quality investments.

Investment summary:
▪ Purchase price: £210,000
▪ Upfront/Purchase costs/: £70,800
▪ Refurb costs: £80,000
▪ Contingency: 10%
▪ Refurb mortgage costs ( Term 12 months, Est. Offer-to-Sale 6 Months, 75% LTV, 12% Interest ): £9,450
▪ Total invested funds: £168,250

Projected returns:
▪ Estimated sale price: £380,000
▪ Profit on sale: £54,250
▪ ROCE: 32%

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.