Discover How We Work Your Trusted Partner in Finding Profitable Property Deals ________________________________________ Example Deal – Real Opportunity, Real Returns Location: Well-situated 3-bedroom home near town centre with excellent links to London. Condition: Structurally sound but in need of full modernisation. Features: • Slightly awkward layout • Potential to change to a 2-bed with larger upstairs bathroom, greater room downstairs. • Option to add en-suite to master bedroom (subject to plumbing) retaining 3 Beds • Small but usable garden ________________________________________ Challenges Identified • Damp/Water Ingress: Present in the small bedroom; likely caused by drainage issues after a neighbouring extension • Parking: Limited to on-street parking, which could complicate refurbishment access and reduce buyer appeal ________________________________________ Financial Overview • Purchase Price: £140,000 • Refurbishment Estimate: £30,000 (could be reduced depending on layout changes) • End Value (3-bed): £230,000 — high local demand at this price point • 2-bed Comparable: Listed at £240,000, achieving £230,000 • Rental Potential: £1,100+ pcm — confirmed by agent, with over 30 applicants for a comparable property ________________________________________ Exit Strategy Options • Flip: £30,000+ potential profit (subject to finance) • Buy-to-Let (BTL): Retain substantial equity • BRRR: Some capital left in, but quickly recouped through rent ________________________________________ Our Approach to This Deal We closely monitored this property and saw price reductions over time — a clear signal that a solid offer would be welcomed. Our ideal scenario: ✔ An investor to fund both the purchase and refurbishment, with profits split ✔ Alternatively, a Joint Venture (JV) partnership ✔ If neither option suited, we were ready to source the deal on to another investor ________________________________________ Let’s Work Together If our way of working appeals to you and you'd like access to off-market or overlooked deals with real potential — we'd love to talk. 📞 07935 314332 🌐 www.dorcastleproperty.co.uk 📧 info@dorcastleproperty.co.uk
Posted by Simon Miller at 2025-05-01 13:01:35 UTC