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40% BMV development with 87.5% ROI
Hyde, Manchester

On the market price
£355,000

Our exclusive price
£210,000

Conversion cost
£150,000

GDV
£675,000

We have an exclusive opportunity to buy a development opportunity with planning permission at a purchase price 40% below the current on-the-market value.The substantial corner building – a former pub and hotel – is currently on the market for £355,000, however we can exclusively offer it to a buyer at just £210,000.The costs to convert the property into six one and two-bed apartments has been estimated at £150,000 with the development expected to have a conservative GDV of £675,000.Total profits approximately £315,000 for an 87.5% return on investment.Work is expected to take around six months.To find out more and view plans download our detailed document below

Download more details here

Just fill in your name and best email address to download our detailed development pack about this opportunity. If you would like to discuss this deal in more detail please contact us via telephone or email.

Drop us a line

3 Hardman Street, Manchester, M3 3HF

info@m3commercialfinance.co.uk

+44 (0) 161 913 2780

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M3 Commercial Finance are authorised and regulated by the FCA (FRN:822045) and are appointed representatives of White Rose Finance Group Ltd (FRN: 630772).

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