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£750,000
Profit£123,000
ROCE55%
Purchase £ £17,500
Property description
Strategy: Buy to Sell
I’ve got a strong flip opportunity just 5 minutes from Worcester. This is a brand new 6-bed property with 3 reception rooms and 3 bathrooms, needing only light snagging and garden landscaping to bring it up to full market value.
The location is solid — around 8 minutes to Worcester, 15 minutes to Malvern, and 30 minutes to Cheltenham. The neighbouring property has been running successfully as a high-performing Airbnb for the past couple of years, showing strong demand in the area.
The Numbers:
▪ Purchase Price: £540,000
▪ Current Market Value: £685,000
▪ GDV: £750,000
▪ Purchase Costs: £17,500
▪ Profit: £123,000
▪ ROCE: 55%
This is a near-finished project with minimal work required, making it ideal for a quick turnaround and strong returns and an opportunity to purchase the SPV saving on stamp duty.
Message me directly for full details or to secure the deal.
David.mcdermott@sourced.co
Sourced reference: 821693736738414
Due diligence
No information supplied.
Location
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£750,000
Profit£123,000
ROCE55%
Purchase £ £17,500
Sales Agent
David McDermott
McDermott Developments & Co
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