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£335,000
Profit£53,000
ROCE19%
Purchase £ £17,000
Property description
Strategy: Buy to Sell
3-Bed Redditch Flip Deal – 25% BMV!
Redditch, B98 7HF.
Property features:
- 3-Bed Detached | Freehold
- Gated Off-Road Parking
- Large Front & Rear Gardens
- Purchase Price: £250,000
- Estimated Market Value: £335,000
- Approx. 25.4% Below Market Value
- Refurbishment: Approx. £10,000
- ROI / ROCE: Approx. 18.0%
Refinance Example:
- Estimated Value: £335,000
- 75% LTV Refinance: £251,250
- Estimated Money Left In Deal: Approx. £33,019
Sold comps available upon request.
Key Selling Points:
• Freehold detached property
• Three bedrooms
• Spacious living room, dining room & separate kitchen
• Large front and rear gardens
• Secure gated off-road parking
• Multiple schools nearby
• Excellent access to local amenities and transport links
• Fantastic flip opportunity with strong profit potential
Cash or bridging buyers preferred.
Sourced reference: 568712682642247
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£335,000
Profit£53,000
ROCE19%
Purchase £ £17,000
Sales Agent
Jon Solitro
Jon Sol Property
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