Sourced Approved Investment

Assisted Sale-Sunderland North East - House

£ 90,000

Added: 29/01/2025

GDV£150,000

Profit£23,800

ROCE66%

Property description

Strategy: Buy to Sell

“Assisted Sale in Sunderland”

Sourced is excited to introduce this exceptional assisted sale deal in Sunderland generating an impressive £23,800 profit with only £27,000 refurbishment required: £90,000 option agreement with an end value of £150,000.

As you will not be purchasing the property (securing on an option agreement), and only completing the refurbishment and selling for the uplift in value following the works, the below is the only capital you require...

Assisted Sale - No Survey / No stamp duty / No deposit!

The Financials: (Excluding maintenance and management)
▪ Purchase price: £90,000
▪ GDV: £150,000
▪ Purchase costs: £6,500
▪ Profit once sold: £23,800
▪ ROCE: 66%
▪ Refurb costs: £27,000

▪ Profit: 16%
▪ Legals £1,500 (option agreement)
▪ Sourcing fee: £5,000 Plus VAT

Ref 45

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Sourced reference: 856273791142227

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.

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Due diligence

No information supplied.

Sales Agent

Mr Rory Kenny

Property Panacea

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