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£6,750,000
Profit£1,157,345
ROCE311%
Purchase £ £54,750
Property description
Strategy: Development
Land for Dev - Harper Lane, Radlett
A 0.84-acre (0.34 ha) site comprising 2 large two-storey buildings with detached garages. The site is bordered by Harper Lane to the west, separated by a strong landscape buffer, and Bowlers Green to the east.
Planning consent has been granted to develop 9no. 3-bedroom houses. The total proposed GIA is approx. 993 sqm (10,689 sqft).
The proposed new homes have been designed to provide high-quality family living through generous space standards that exceed minimum requirements. Each house will benefit from a private rear garden and dedicated cycle storage. 23 parking spaces are proposed.
Key financials:
▪ Purchase price: £2,500,000
▪ GDV: £6,750,000
▪ Purchase costs: £54,750
▪ Refurb costs: £2,521,790
▪ Profit once sold: £1,157,545
▪ ROCE: 311%
▪ Sourcing fee: £50,000
▪ Investment required:
Please get in touch for further information.
Sourced reference: 986862948334713
Due diligence
No information supplied.
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£6,750,000
Profit£1,157,345
ROCE311%
Purchase £ £54,750
Sales Agent
Andrew Idiabana
Andrew Diamond Investments Limited
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