York Flip | Mixed Use to High End 4 Bed Semi Detached | 24% Net Profit
• Property: Mixed use property to be converted into a large, high end 4 bed semi detached family home, finished to a strong resale standard
• Strategy: Buy, refurbish and sell, repositioning from mixed use to prime residential
• Location: York, desirable area with strong demand from family buyers seeking quality homes
• Purchase Price: £340,000
• Stamp Duty & Legals: £12,000
• Refurbishment: £47,000
• End Value: £520,000 – £525,000
• Profit: £126,000
• Net Profit: 24%
A solid flip opportunity in York, offering a clear change of use angle, sensible refurb costs and strong end buyer demand for high quality family homes.