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£350,000
Profit£84,970
ROCE108%
Purchase £ £51,200
Property description
Strategy: Buy to Sell
BMV Flip in Glasgow - Renovation Project
Home Report Valuation Available.
A rare opportunity to secure a large property in the popular East End of Glasgow at a discount. This blank canvas renovation project offers strong upside potential for investors or developers seeking value in a high-demand area (similar properties sold over £360k in the last 9 months).
This 4-bedroom semi-detached property is offered vacant, making it ideal for refurbishment and resale uplift.
Key Highlights:
- 175 sq m, flexible layout over 2 levels
- Original features including ornate plasterwork and stained glass windows
- Extensive private gardens
Deal Breakdown:
▪ Purchase price: £165,000
▪ GDV: £350,000
▪ Refurb costs: £60,500
▪ Purchase costs: £51,200
▪ Profit once sold: £84,970
▪ ROCE: 108%
▪ Home report value: £180,000
This deal presents an excellent opportunity for a visionary investor or hands-on developer to maximise the profit potential offered by this unique property.
For further information or to discuss this opportunity in more detail, please get in touch
Sourced reference: 628952636691554
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£350,000
Profit£84,970
ROCE108%
Purchase £ £51,200
Sales Agent
Michael Haguinet
August Place Property Ltd
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