Sourced is thrilled to present a unique investment opportunity to acquire a freehold property already divided into 2 x 2-bedroom flats!

With a purchase price of £130,000 and a streamlined refurb budget of £30,000 (plus contingency), this project aims to maximize value by selling each flat individually. The projected combined sale price of £220,000 offers investors a profitable exit strategy, with a 43% ROCE and an estimated profit of £36,850 on sale.

With Sourced, you’re backed by a trusted partner in delivering successful, high-return investments.

Investment Summary
▪ Purchase price: £130,000
▪ Upfront costs: £46,800
▪ Refurbishment budget: £30,000
▪ Contingency: 10%
▪ Refurb mortgage costs (12 months, 75% LTV, 12% Interest): £5,850
▪ Total invested funds: £85,650

Projected returns:
▪ Estimated sale price (combined): £220,000
▪ Profit on sale: £36,850
▪ Return on Capital Employed (ROCE): 43%

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.