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On Market Development

Land for Dev - Broxted

CM6 2BJ, Uttlesford
£400,000
252 sqm sqm
2 Units
Purchase price £400,000
Monthly income
ROCE 48%
Gross yield

About this property

Land for Development - Brick End Lane, Broxted

Potential net profit of £158,849 to be made on this opportunity.

An opportunity to purchase a building plot with full planning permission to erect 2no. 4 bedroom detached homes approximately 126m2 in size.

Brick End Lane is located in the village of Broxted, which is between the popular market town of Great Dunmow and historic Town of Thaxted, both offering eateries, shops, boutiques and recreational facilities. Also close by is the village of Great Easton with its popular primary school. The nearby A120 can be accessed just outside Great Dunmow with fast links to Stansted Airport and the M11 and M25 Motorways.

Key financials:
▪ Purchase price: £400,000
▪ GDV: £1,300,000
▪ Purchase costs: £13,750
▪ Refurb costs: £616,340
▪ Profit once sold: £158,849
▪ ROCE: 48%

▪ Sourcing fee: £9,000
Please get in touch for further information.

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Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.

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