“Flip in Noth East - Ref 35”

Sourced is proud to present this flip opportunity in the North East. £15,000 refurbishment is required to produce an end value of £170,000 at a £120,000 purchase price.

Build team to complete, solicitors, etc. all available on request to make this hassle-free.

The property just needs a kitchen, bathroom, and flooring to finish off due to developers needing capital to place into another deal. Property as been completed to a new build standard.

The Financials:
▪ Purchase price: £120,000
▪ Annual profit: £17,900
▪ ROCE: 29%
▪ ROI: 12%
▪ Profit: 11%

▪ Market value estimated: £170,000
▪ Sourcing fee: £3,750 Plus VAT

Deal 5 Ref 35

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.