+14 more
BTS in Grimsby
About this property
High-Uplift Investment Opportunity | 18.1% BMV | £170k GDV
This auction opportunity represents an exceptional chance to acquire an asset with massive built-in equity and multiple high-return exit strategies. Can be secured significantly Below Market Value (BMV), the true power of this deal is in the £170,000 Gross Development Value (GDV) achievable after a straightforward refurbishment.
Whether the strategy is a lucrative flip yielding nearly 39% ROCE or to refinance and hold for long-term capital appreciation, this deal provides strong margins and robust returns.
The Buy-In Numbers & Deal Breakdown
• Current Market Value: £110,000
• Purchase Price: £90,000 (18.18% BMV)
• Refurbishment Cost: £27,500 (Includes £25,000 build + £2,500 contingency)
• Total Estimated Cash Contribution: £73,525
• Gross Development Value (GDV): £170,000
Strategy 1: Flip (Sell Post-Refurbishment)
• Profit on Sale: £28,975
• ROCE (Flip): 39.4%
• ROI: 21%
Strategy 2: Buy-To-Let (Refinance & Hold)
• Gross Rental Income: £800 pcm (£9,600 annually)
• Gross Yield: 6%
• Monthly NET Income: £219
• Annual NET Income: £2,625
• ROCE (Hold): 19%
Summary
This is an auction property but offers tremendous flexibility. The numbers provide a highly profitable flip margin of over £28,000, driven by the significant forced appreciation to a £170,000 GDV. Alternatively, retaining the asset post-refurbishment leaves strong long-term equity locked in alongside a steady monthly cash flow.
Contact us today to request the full financial pack and secure this high-uplift opportunity
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.
Speak to a broker