Sourced Approved Investment

BMV Block in Ealing London - House

£ 2,900,000

Added: 12/11/2024

GDV£3,935,000

Profit£787,000

ROCE81%

Property description

Strategy: Title Split

A rare investment opportunity featuring a multi-use block in a prime location:

Property Details:
-Mixed-Use Development: 6 residential units and 4 commercial units
-Freehold property
-Fully Tenanted for immediate rental income

Investment Highlights:
-RICS Valuation Report (May 2023) available upon request
-Flexible Exit Strategy: Option to title split and sell units individually, subject to obtaining the necessary permissions
-A versatile property with strong rental yield and potential for asset appreciation in one of London’s sought-after areas!

The financials
▪ Purchase price: £2,900,000
▪ GDV: £3,935,000
▪ Purchase costs: £192,500
▪ ROCE: 81%
▪ Profit once sold: £787,000
▪ Refurb costs: £50,000

▪ Annual rent: £255,200
▪ Yield: 9%
▪ Fee: 2%

Full details available on request.

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Sourced reference: 954296631588531

Location map

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 Matt Mason

BMV Specialist

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