- 23% ROCE
- Strong rental area
- No upward chain
This is a fantastic semi-detatced property located in Somercotes, with a huge ROCE of 23%.
Also, this property needs a full refurbishment to modernise it to rent out on the open market. Once renovated, this property would achieve a GDV of around £115,000.
We are looking for a serious investor to purchase this property as the offer has already been accepted and secured. This would be a great property to work as a BTL making a good 23% ROCE.
Lastly, the property could have a stud wall added to convert this to a 3 bedroom property which could uplift the GDV however building costs would need to be factored into this.