The Rhondda Valleys Offer's Property Proffits

/

Are you ready to step up to the next level of property opportunity? Here is an excellent deal ready for onward sourcing from Source My Property.

Source My Property has been spending some time in the Rhondda Valleys in South Wales and discovered some very promising property development opportunities. The rental income to property value here is very promising. Agents are consistently shouting out for properties to let, so where there is a demand, we find the properties. 

Screen Shot 2017-07-30 at 13.20.29.png
ef40e5d8262e168df51894107421746fe932a68b.jpg
3af5e9dde537d99331317d5c46bf4614107f0694.jpg

What we have here is a Workman's Club which was originally 3 terraced properties. The separate titles still exist and no planning is necessary to return the property back to 3 houses. Below is a few figures in brief. Click through to learn more!

Figures in Brief

Flip as 3 Terrace Houses
Purchase Price - £115,000
Build Costs - £90,000
End Value - £255,000
Potential Profit - £32,000

Flip  as 1 house & 4 apartments
Purchase Price - £115,000
Build Costs - £120,000
End Value - £312,000
Potential Profit - £56,000

 

 

 

Retention Figures  as 3 houses
Rental Income pcm - £1,500
Cash Flow - £433 (@5%)
Cash Flow - £751 (@3%)
Money left in - £27,000

Retention Figures as 1 House & 4 apartments
Rental Income pcm - £2,100
Cash Flow - £774 (@5%)
Cash Flow - £1,137 (@3%)
Money left in - £14,000