The property 15 purchase started in April ’23 and is contingent upon planning being successful. Planning was granted in June ’23 and purchase completion is expected June ’23. Purchase was made off market through a sourcer. Purchase price £80,000 – currently valued at £110,000.

The plan for this property is a full renovation from a derelict building with no services, to a four-bedroom family home which is to be set over the first and second floors. We are arranging services of gas, electric, and water for June 2023.

The full quote is £100,000 and the final cash spend is expected to be approximately £195,000 including all the fees.

The selling price for this property is expected to be £240,000