SPP are currently investing in this region and have since come across an opportunity for the right investor. With the increase in Holiday traffic to the region, any investors with a keen eye to act quickly and be ahead of the curve, just like SPP has, then you could also capitalise of the holiday makers by providing them some seaside accommodation!
Our little town here has a population of 2.5000 people. In the summer that hits 35000 people! Its true! On average a weeks holiday accommodation costs £700 per week!
SPP Ltd offer this Lease Option on a beautiful 17th Century Chapel with planning permission approved for 6x 2 bedroom flats or 5 flats and 2 shops. The Chapel sits on the coast of Snowdonia, where holiday makers flock during the summer and benefits from views over one of Wales’ top golf courses.
Lease Option of 3 years purchase price: £ 200,000
Done Up Value Estimate: £ 760,000
Build costs estimate: £ 300,000
Potential Profit: £ 235,474
Cash Flow: £2938