£ 192,500
Added: 14/02/2025
GDV£320,000
Profit£68,000
ROCE14%
Strategy: Buy to Sell
Large property with even bigger potential in a desirable area of north Norwich. Sitting on a main route into the city, it offers an easy commute within minutes and is conveniently located on the main bus route.
The property boasts a large garden, patio area, and outbuildings, while inside features three bedrooms, a bathroom, a large kitchen, a living room, and an annexe area to the rear.
There is off-road parking for two cars, with the potential to increase parking space by redesigning the front garden and parking area—ideal for a larger family.
Grab this bargain property before it goes!
The financials:
▪ Purchase price: £192,500
▪ GDV: £320,000
▪ Purchase costs: £18,600
▪ Profit once: £68,000
▪ ROCE: 14%
▪ Refurb costs: £34,000
Sourced reference: 724577936893499
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.
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