These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
GDV£260,000
Profit£13,800
ROCE16%
Purchase £ £17,300
Strategy: Buy to Sell
2-Bed Apartment | 116yrs | Vacant end of Jan
Address: 11 Gunning Place Callender Road, Erith, DA8 3FD
This is an off-market sale which is significantly below market value. This property presents itself as a fantastic BTL and flip opportunity with its scope to achieve strong rental income with its proximity to local amenities.
▪ Purchase price: £210,000
▪ GDV: £260,000 + (14 Gunning Place is on the market for £280,000 same spec)
▪ Purchase costs: £17,300
▪ Profit once sold: £13,800
▪ ROCE: 16%
Cash or bridge purchase
▪ Rental income: £1475 pcm
▪ Condition: Good
▪ Potential exits: Flip or refinance
▪ Completion: 2 weeks
▪ Sourcing fee applies
Sourced reference: 733182266474914
No information supplied.
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.
GDV£260,000
Profit£13,800
ROCE16%
Purchase £ £17,300
Sales Agent
Sol Cipriani Limited
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These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
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