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£200,000
Profit£52,750
ROCE17%
Purchase £ £8,250
Property description
Strategy: Buy to Sell
SOUTH EAST BMV BUY TO LET – GRAVESEND DA11
52 St Marks Avenue, Gravesend, DA11 9LW
Purchase Price: £125,000
Estimated End Value (Post Refurb & Lease Extension): £200,000
* 2 Bed First Floor Flat
* Approx. 59 sqm
* Vacant Possession
* Walking Distance to Train Station & Local Amenities
* Strong South East Rental Location
Rental Expectation: £1,000 PCM
Refurb Estimate: Approx. £10,000
(New kitchen, bathroom, carpets and full redecoration to a good modern rental standard)
Leasehold – Approx. 84 Years Remaining
Ground Rent: £50 PA
Service Charge: Approx. £480 PA
Estimated Lease Extension Cost: Approx. £42,000 (buyers should verify independently)
Good opportunity for an investor looking for a discounted South East asset with strong rental demand and long-term upside potential.
DM if interested.
Sourced reference: 659916143769759
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£200,000
Profit£52,750
ROCE17%
Purchase £ £8,250
Sales Agent
Jon Solitro
Jon Sol Property
Smart support to move your deal forward
Review the numbers
We've pre-crunched the figures for you.
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