BMV BTS in Ipswich

BMV Vacant BTS in Ipswich

An excellent opportunity to purchase a vacant detached house requiring minor renovation works, with potential to achieve a 32% return on capital employed in a very short space of time.

Financials:
▪ Purchase price: £250,000
▪ GDV: £350,000
▪ Refurb costs: £36,000
▪ Purchase costs: £81,500
▪ Profit once sold: £40,000
▪ ROCE: 32%

The property is situated in a central location and housing demand is high, so the exit for this deal is expected to be fast.

The agent believes this property is being sold at a discounted price, below the open market value.

Please contact for further info.