development opportunity

A brilliant buy to flip opportunity is available in Reddish, SK5. The property came to the market seven days ago with Philip James Estate Agents with a guide price of £140,000. Space 4 Living Estate Agents currently have a similar property on the market for sale just five doors down for £230,000.

The property does need a complete refurbishment throughout however i have predicted this to cost between £30,000 – £40,000. Depending on your legal costs for buying and selling the property, the Estate Agency fee’s incurred for resale, and the exact amount the property costs to purchase & refurb will of course determine your exact profit.

I have attached a link to the Rightmove advert here so you can take a look further, this is definitely a house worth viewing! give me a call to talk further and discuss the rental options also available on this property; 0161 474 8668.

Theo Perkin

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