+5 more
Newark Prime Renovation
About this property
Newark Prime Renovation: Duel strategy exit £20k Profit flip or 7% Yield rental income
This below-market-value opportunity in Newark, Nottingham offers investors the flexibility of two proven exit strategies, allowing you to maximise returns while adapting to market conditions.
Acquired for £85,000, with a £25,000 refurbishment, the property is projected to achieve a GDV of £150,000 once completed.
Option 1 – Flip
Sell the property following the refurbishment to generate an estimated £20,610 net profit, delivering a strong 29% Return on Capital Employed (ROCE).
Option 2 – Buy, Refurbish, Refinance & Hold
Alternatively, retain the property as part of a long-term investment portfolio. Based on the projected figures, the completed property is expected to generate approximately £10,900 per year in rental income, equating to an attractive 7% gross yield.
Following a refinance at the new market value, investors would have approximately £17,000 left in the deal, creating an all-money-out position in under two years through rental income alone, while continuing to benefit from capital growth and long-term cash flow.
Key Investment Figures
▪ Purchase Price: £85,000
▪ Refurbishment: £25,000
▪ Expected GDV: £150,000
▪ Flip Profit: £20,610
▪ ROCE: 29%
▪ Gross Rental Yield: 7%
▪ Annual Rental Income: £10,900
▪ Capital Left in the Deal After Refinance: Approximately £17,000
Projected All-Money-Out Period: Under 2 Years
Whether you're looking for a profitable flip or a high-performing long-term asset, this opportunity offers the flexibility to choose the strategy that best aligns with your investment goals.
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