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£320,000
Profit£37,530
ROCE28%
Purchase £ £15,850
Property description
Strategy: Buy to Sell
This is a 3-bedroom mid-terrace flip opportunity in Hampshire, requiring a full back-to-brick refurbishment. The strategy is to acquire below market value, add value through renovation, and sell on the open market. Strong fundamentals with good size (104m4), 2 bathrooms, and a large garden offering future upside.
Property Details
• Type: 3-bed terrace
• Size: Approx. 104m2 / 1,124 sq ft
• Layout: 3 bedrooms, 2 bathrooms
• Condition: Heavy refurbishment required (damp, rewire, heating, full internal)
• Potential: Extension subject to planning, modernisation, EPC uplift
Financials
• Target Purchase Price: £200,000
• Purchase Costs: £15,850
• SDLT: £10,000
• Solicitor: £1,500
• Sourcing: £4,000
• Insurance: £350
• Refurb costs: £50,600
• Net Profit: £37,530
• ROCE: 28%
• ROI: 13%
Bridging is assumed at 75% LTV at 0.89% pcm over a 6-month term, with refurbishment expected to complete in approximately 4-6 months.
For further details or to invest please contact.
Sourced reference: 563423613578397
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£320,000
Profit£37,530
ROCE28%
Purchase £ £15,850
Sales Agent
Besnik Vrapi
Lendwell Properties Limited
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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