Land

This property is being sold at an asking price of £140,000, with a gross development value of £350,000, resulting in a gross profit of £100,000 and a gross profit margin of 28.6%. The property currently generates a gross monthly rent of £1,500 and a gross annual rent of £18,000, resulting in a gross rental yield of 7.2%. The property is a new build dwelling project, with the potential to create a 2-bedroom detached bungalow with a gross internal area of 50m2. The financials are solid and low-risk, making it an attractive investment opportunity.