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BTS in Glasgow
About this property
BMV Flip in Glasgow - Renovation Project
Home Report Valuation Available.
A rare opportunity to secure a large property in the popular East End of Glasgow at a discount. This blank canvas renovation project offers strong upside potential for investors or developers seeking value in a high-demand area (similar properties sold over £360k in the last 9 months).
This 4-bedroom semi-detached property is offered vacant, making it ideal for refurbishment and resale uplift.
Key Highlights:
- 175 sq m, flexible layout over 2 levels
- Original features including ornate plasterwork and stained glass windows
- Extensive private gardens
Deal Breakdown:
▪ Purchase price: £165,000
▪ GDV: £350,000
▪ Refurb costs: £60,500
▪ Purchase costs: £51,200
▪ Profit once sold: £84,970
▪ ROCE: 108%
▪ Home report value: £180,000
This deal presents an excellent opportunity for a visionary investor or hands-on developer to maximise the profit potential offered by this unique property.
For further information or to discuss this opportunity in more detail, please get in touch
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
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