Homes for Sapiens Sourcing Ltd. is a company formed on the basis of our experience in property business. We are offering property deals which can suit a range of buyers with intention to rent them out, develop or to live in. We will introduce you to our building teams and letting agents.
We also offer consultancy in investment or residential purchases.
Purchase price: £35,000
Value after renovation: £53,000
LBTT: £0
Estimate refurbishment cost: £9,360 (inc. contingency and management)
Expected rent: £425
Cashflow: £231 (@3.29% mtg and 20% MOE + letting fee)
Above numbers based on a valuation estimate by comparing similar properties were sold recently in the area. Please note that all figures are estimates with many variables included for illustration only. All buyers are advised to do their own due diligence to make sure this project and all possible exits match their strategy and circumstances rather than relying on specific figures, which are subject to market changes. Valuations can fluctuate so our advice is for buyers to also assess strategies based upon stress testing different scenarios to ensure sufficient exits are in place for all eventualities that suit them.
Making a reservation couldn't be easier. Give us a call on 07400049497 today to discuss this deal further.