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£190,000
Profit£35,500
ROCE23%
Purchase £ £6,500
Property description
Strategy: Buy to Sell
This is a highly profitable flip opportunity in the Nottingham area, requiring no major structural work. The uplift is driven by installing a new kitchen and bathrooms, plastering and redecorating throughout, and completing some light landscaping to boost kerb appeal.
With a total profit of £35,500 and a strong 23% ROCE, this project offers a straightforward, low-risk route to capital growth in a proven market.
The financials:
▪ Purchase price: £100,000
▪ GDV: £190,000
▪ Purchase costs: £6,500 (plus deposit & sourcing fee)
▪ Refurb costs: £40,000
▪ Profit once sold: £35,500
▪ ROCE: 23%
Sourced reference: 634355698879692
Due diligence
This Nottingham flip presents a low-risk refurbishment project with no major structural works required. The budgeted £40,000 covers a full cosmetic upgrade, including new kitchen, bathrooms, plastering, redecorating, and light landscaping to support resale appeal. Comparable sales in the local area justify the £190,000 GDV, underpinning the projected £35,500 profit. A 10% contingency is advisable, though the scope of works is straightforward, making this a strong and deliverable opportunity with a 23% ROCE.
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£190,000
Profit£35,500
ROCE23%
Purchase £ £6,500
Sales Agent
Ben Kirby
Ben Kirby / Kirby Estates
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