A deal at BMV even when BMV ain't no more!
/SPP has managed to secure a deal here in our home investment town of Neath, Portalbot. We have been asking ourselves recently "is BMV dead"? Over the past few months we have put in more offers than ever before, stepped up our "direct to vendor" marketing and continued to build our relationships with agents. We are in a marketplace where people are buying at asking, agents are over pricing and investors are snapping up every deal available. BMV is around, if you are whilling to pay the cost of time finding them.
It has all paid off with this deal. Please see below some basic information and click through to our main site for the full details of this "ready to be sourced" BMV deal in Briton Ferry, Neath.
Figures in Brief
Retention Figures
Rental Income pcm - £475
Cash Flow - £140
Rental Yield - 6.3%
ROI - 18.2%
Flip
Asking Price - £65,000
Agreed Purchase Price - £55,000
Build Costs - £16,000
End Value - £90,000
Potential Flip Profit - £11,000
