I hope that you are well, I have a property for you to look at.
This one fell through because the buyer who is one of our largest has a very large rent roll and is storing cash as a security measure at this moment in time.
The purchase price is £65k and it's presented below as it was to him, with a sourcing fee... without that the percentages are much better and it would make a superb ROCE of around 260% as it would return almost all the money (£1,600 left in) and make £330 / month net profit.
Take a look and let me know what you think.
This is a fantastic house that will make a great flip or rental in the heart of Swansea town centre.
This 2 bed sold for £120k but is a little larger than our property:
This bed sold for £114.950 and is only slightly larger than our property:
Here is a list of rental comparables: https://www.onthemarket.com/to-rent/property/sa1-7ad/?view=grid
Our refurbs are organised as follows:
20% Up Front
Extra payments as and when each stage is completed.
Photo and video evidence will be provided at each stage and you can also visit whenever you like.
This will take 8 - 12 weeks to complete.