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£3,090,000
Profit£864,000
ROCE100%
Purchase £ £66,500
Property description
Strategy: Development
Exciting Development Opportunity – Anslow, Staffordshire
An excellent opportunity to acquire a Class Q barn conversion scheme within an affluent catchment area in Staffordshire.
The site benefits from Class Q consent for the conversion of 7 barns, positioned within a beautiful countryside setting and offering strong resale and retention potential.
The Scheme
- 7 small barn units
- Approx. 1,200 – 1,500 sq ft per unit
- Ideal 3-bedroom layouts
- Attractive rural outlook with countryside views
The proposed unit sizes provide generous accommodation, well suited to the local buyer demographic seeking semi-rural living with character.
Development Considerations
- This is not a straightforward new-build project.
- Barn-style developments require:
- Experience with steel-framed agricultural structures
- Understanding of structural conversion processes
- Careful specification to maintain character while achieving modern standards
- Strong project management and cost control
This opportunity is best suited to an experienced developer who understands the complexities of barn conversions and can deliver the scheme to a high specification.
Vendor Position
- The vendor is open to staged payment structures, following a previous buyer withdrawing from the transaction. This flexibility creates an attractive entry opportunity for the right operator.
If you are interested in this project, and an initial call. Id like every client to produce proof of funds.
Investment Financials:
▪ Purchase price: £700,000
▪ GDV: £3,090,000
▪ Refurb costs: £2,000,000
▪ Purchase costs: £66,500
▪ Profit once sold: £864,000
▪ ROCE: 100%
For further information or to invest, please contact.
Sourced reference: 976578367898145
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£3,090,000
Profit£864,000
ROCE100%
Purchase £ £66,500
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