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£150,000
Profit£20,610
ROCE29%
Purchase £ £32,250
Property description
Strategy: Buy to Sell
This is an excellent opportunity to acquire a below market value property in Nottingham for just £85,000, offering investors the chance to create significant value through a full refurbishment.
The property requires a complete renovation, making it ideal for investors looking for a straightforward flip project. One of the standout features is that the existing kitchen and bathroom can be refurbished and reused, helping to reduce refurbishment costs while still delivering a high-quality finish that appeals to today's buyers.
This has an estimated GDV of £150,000, this project provides substantial upside for investors prepared to add value. Nottingham remains one of the strongest property markets in the East Midlands, benefiting from excellent transport links, a growing population, major employers, and consistently high demand for refurbished homes.
With an estimated refurbishment budget of £25,000, this project is forecast to deliver a 29% ROCE and a projected profit of £20,610 on resale, making it an attractive addition to any investor's pipeline.
Key Investment Figures
Purchase Price: £85,000
Estimated GDV: £150,000
Refurbishment Cost: £25,000
Purchase Costs: £32,250
Investment Required: £69,890
Projected Profit on Sale: £20,610
ROCE: 29%
This is a fantastic value-add opportunity for investors seeking a below market value acquisition, manageable refurbishment costs, and the potential to achieve over £20,000 profit on completion.
Sourced reference: 495539146586223
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£150,000
Profit£20,610
ROCE29%
Purchase £ £32,250
Sales Agent
Ben Kirby
Ben Kirby / Kirby Estates Sourcing
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