03/02/2026
🔐 TWO-PROPERTY PACKAGE DEAL – SAME VENDOR (CROYDON + DEVON)
We’re presenting TWO properties from the SAME motivated vendor, who is retiring and relocating.
👉 PACKAGE DEAL ONLY – we are seeking ONE investor to acquire BOTH assets together.
💷 Total package price: £900,000 + 2% buyer’s fee
✅ Vendor legal fees covered on BOTH properties
⏳ Exchange & completion: approx. 4 weeks
🏠 Vacant possession on both
👀 Viewings available immediately
🏠 PROPERTY 1 – Croydon
📍 Brighton Road, South Croydon, CR2 6AL
Recommended strategy: FLIP (or planning-led hold)
• Purchase: £500,000 (scope to reduce to c.£400k to maximise bridge leverage)
• On-market value: £625,000
• BMV: 20%
• GDV: £750,000
• Refurb allowance: up to £80,000 (max budget)
• Tenure: Freehold
• Article 4 applies
🔑 Professional view:
Primary recommendation is a refurb and resale to an owner occupier for a fast, clean exit and strong profit.
Alternatively, planning-led HMO or flat conversion (subject to approval) for those looking to retain.
This is a strong bridge deal and, with price flexibility, highly likely to achieve full funding.
🏪 PROPERTY 2 – Devon
📍 Church Street, Ilfracombe, EX34 8HB
Recommended strategy: Planning uplift or income trade
• Purchase: £400,000
• OMV: £450,000
• GDV: £500,000
• Refurb allowance: up to £30,000 (max budget)
• Mixed-use: shop + residential uppers
• Tenure: Freehold
• SDLT: £9,500 (mixed-use rate)
Exit options:
• Planning for HMO or self-contained flats, or
• Fully let and trade as a stabilised mixed-use asset
💰 FUNDING
If funding is required, contact our partner broker Rakhee for fast bridge terms:
📞 +44 7939 525444
Croydon is expected to achieve full funding, especially if purchase price is adjusted to maximise leverage.
✅ SUMMARY
• Same vendor
• Two assets
• Croydon = flip or planning-led play
• Devon = planning or income upside
• Refurb figures are MAXIMUM allowances
• PACKAGE DEAL ONLY – WILL NOT BE SPLIT
📩 Comment 'Yes' to receive full details!
