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£171,000
Profit£25,120
ROCE17%
Purchase £ £8,880
Property description
Strategy: Buy to Sell
Quick Flip Apartment - 21% BMV
Apartment 218, Valley Mill, Park Road, Elland, HX5 9GY
- 2 Bed Apartment | Leasehold
- 2 Bathrooms (1 En-Suite)
- Allocated Parking
- Private Balcony
- 976 Years Remaining on Lease
- Purchase Price: £134,000
- Hometrack Value: £171,000
- Approx. 21.6% Below Market Value
- Ground Rent: £50 pa (Escalating)
- Service Charge: £1,164 pa
- Rental Income: Approx. £950pcm (Hometrack: £925pcm)
Key Selling Points:
* Vacant on completion
* Spacious open-plan kitchen/living area
* Balcony & allocated parking
* Two bathrooms (one en-suite)
* 976-year lease remaining
* Walking distance to local amenities & transport links
Cash or bridging buyers preferred due to speed required.
DM if interested before it's gone.
Sourced reference: 761435829679452
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£171,000
Profit£25,120
ROCE17%
Purchase £ £8,880
Sales Agent
Jon Solitro
Jon Sol Property
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