Sold Nov 2020

5 Spey Avenue, Paisley, Glasgow, PA20PD

Purchase Price

Purchase Price

£ 62.5k

Est. Sales Price

Est. Sales Price

£ 105k

ROI on Sale

ROI on Sale


About this opportunity

This deal was a basic flip in Glasgow area, with our tried and tested team. Renovation was on time and on schedule, and we we able to flip this withing 6 months for a great profit

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Initial Purchase

Purchase Price £62,500
Stamp Duty £2,500
Refurbishment £14,250
Solicitor £840
Sourcing Fee £4,00
Total Initial Cost: £84,090

Income Flip

Initial Cost £84,090
Solicitor (Sale) £1,020
Sales (incl. VAT) £1,800
Total £86,910
Profit @ Sale 105k £18,270
ROI (In 6/7 Months) 21,02%

R.O.I = £18,270 (Profit) ÷ £86,910 (Money In) = 21,02% return on our money, in 6 Months (In the middle of Covid-19 restrictions)

Charl van Wyk

Substantial personal portfolio with over 18 success projects delivered across the last 5 years. High focus on specialist education

Contact Us

With the property already secured this project has significant momentum and we aim to commence renovation and improvements imminently. For more information on this, please reach out to us.