£ 185,000
Added: 12/11/2024
GDV£230,000
Profit£21,000
ROCE31%
Strategy: Buy to Sell
"2-Bed Semi Detached Flip Opportunity in Warrington".
This property requires minimal refurbishment so an ideal investment for someone who is looking to take on a small renovation project.
With £10,000 refurbishment required to produce a conservative end value of £230,000.
The financials:
▪ Purchase price: £185,000
▪ GDV: £230,000
▪ Refurb costs: £10,000
▪ ROCE: 39%
▪ Profit once sold: £21,000
▪ Purchase costs: £12550
▪ Profit: 11%
▪ Sourcing fee: £4,000
Sourced reference: 611144233838953
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.
• Purchase Price - £185,000
• GDV - £230,000
• Refurb Cost - £10,000
• ROCE - 39%
• Profit once sold - £21,000
• Profit - 11%
• Sourcing fee - £4000
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