These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
GDV£370,000
Profit£34,150
ROCE31%
Purchase £ £8,850
Strategy: Buy to Sell
This property is in excellent condition, offering an estimated rental income of £2,100 PCM. It is available 23% below market value (BMV) and comes with an impressive EPC rating of B. A well-presented 2-bed flat with a 237-year lease, featuring an annual ground rent of £459.74 and a service charge of £3,973.80 per annum.
The financials:
▪ Purchase price: £300,000 + Stamp duty exempt
▪ GDV: £370,000
▪ Purchase costs: £8,850
▪ Profit once sold: £34,150
▪ ROCE: 31%
▪ BMV: 23%
Cash or Bridge Purchase
- Rental income: £2,100 pcm
- Condition: Excellent - no sec 20 works
Potential Exits: Flip or Refinance
- Completion: 2 weeks /probate sale
- Sourcing fee: £6,000
Apartment **, Brouard Court, 13, St. Marks Square, Bromley, BR2 9YF
Sourced reference: 838646933567343
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£370,000
Profit£34,150
ROCE31%
Purchase £ £8,850
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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