These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
GDV£170,000
Profit£54,570
ROCE999%
Purchase £ £10,750
Strategy: Buy to Sell
This is a time sensitive, multi-exit strategy deal, offering both a highly profitable Flip, or a no money lefty in Buy, Refurbish, Refinance and Rent project, allowing you to increase the value of this auction property and sell or refinance to release amazing profits depending on your cashflow targets.
Based in Bolton, this property is in a growing area with major regeneration programs in place. With close proximity to the town centre, the property value is bound to increase significantly above the national average in the upcoming years.
This BRR opportunity based in Bolton offers:
- Infinite ROCE, no money left in BRR deal
- Vacant 2 bed terrace
- In need of full refurbishment
- Popular residential area with transport links to Bolton and Manchester
- Leasehold – 999 years w/approx. 882 years remaining.
Financials
▪ Purchase price: £60,000
▪ GDV: £170,000
▪ Refurb costs: £40,000
▪ Purchase costs: £10,750
▪ Profit once sold: £54,570
▪ ROCE: Infinite
▪ Sourcing Fee: £4,000
BRRR Financials
▪ Money Left : £0
▪ Monthly Rent: £850
▪ Annual Rent: £10,200
▪ Monthly Profit: £287.50
▪ Annual Profit: £3,450
▪ ROCE: Infinite
▪ Gross Yield: 6%
▪ Net Yield: 2 %
Flip Financials
▪ Net Profit on Sale : £51,570
▪ ROCE: 131%
▪ ROI: 40%
▪ Profit %: 29%
Sourced offer a comprehensive property wealth building package in one place;
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Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
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For further information, get in touch.
Sourced reference: 796253423192852
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£170,000
Profit£54,570
ROCE999%
Purchase £ £10,750
Sales Agent
Sourced Group LTD
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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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