£ 180,000
Added: 26/12/2024
GDV£255,000
Profit£28,800
ROCE30%
Strategy: Buy to Sell
Sourced are pleased to present a fantastic flip opportunity for investors looking to maximize returns in a sought-after location. This 3-bedroom semi-detached home, featuring a garage and driveway parking, is located in the popular residential area of Walsall.
Location highlights:
• Situated in a tranquil, family-friendly neighbourhood.
• Close to local amenities, schools, and green spaces.
• Conveniently positioned for easy commuting via nearby motorway networks.
Property features:
• A spacious 3-bedroom layout suitable for families.
• Garage and driveway parking for added convenience.
• Significant potential to add value through refurbishment.
Why this deal stands out?
This property combines an excellent location with strong profit potential, making it a prime choice for a flip project. With a modest refurbishment budget, investors can modernise the home to add value and appeal to buyers in a high-demand market.
This is an ideal opportunity for investors looking to take on a profitable, straightforward flip in a thriving residential area.
The financials:
▪ Purchase price: £180,000
▪ GDV: £255,000
▪ Refurb costs: £25,000
▪ Purchase costs (including sdlt, legal, etc.): £14,650
▪ Estimated profit on sale: £28,800 (10% profit margin)
▪ ROCE: 30%
Sourced reference: 587942433646658
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.
No information supplied.
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