Project: Aylett Close

Brading, Isle of Wight

Acquired at auction for £138,000 all-in, this probate property presented an immediate arbitrage opportunity driven by thorough local due diligence. A prior sale had collapsed at £170,000 due to unverified buyer rumors regarding nearby flooding. By cross-referencing legal pack environmental surveys, consulting adjacent homeowners, and noting the site’s proximity to a dredged railway drainage culvert, the flood risk was confirmed non-existent for the asset. Backed by solid comparable sales, the deal carried a dual-exit strategy: an immediate turnaround with light cosmetic clearance, or a full renovation contingency.

Upon securing keys, priority focused on clearing overgrown front and rear gardens to unlock instant curb appeal. An off-market, discrete marketing strategy was deployed, generating immediate qualified interest and an accepted offer of £175,000 against a £180,000 guide. While a pre-planned interior paint schedule was honored to ensure the home was handed over in turnkey condition, the asset was agreed for sale prior to contractor commencement. The result was a clean, rapid turnaround delivering a 25% return on capital in just 30 days.

Purchase Price (inc. fees)
£138,000
Acquired at auction, BMV
Total Project Spend
£2,000
Interior painted
Total Invested Capital
£140,000
Purchase + Total Spend
GDV (Gross Development value)/Realised Sale
£175,000
Discrete/Off Market Sale
Net Realised Profit
£35,000
Realised cash return (after legal & estate agent fees)
ROI
25%
Net profit ÷ Total Invested Capital
Project Duration
1 Month
Key-to-key timeframe

"Procrastination

Kills Dreams"

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