In fact, he’s already secured his first development project: a tired three-bedroom end-of-terrace property that he plans to flip and sell for profit. For a brand-new Property Partner in their first month, it’s an exceptional start.
With strategic guidance from his Business Development Manager, and Besnik’s energy, focus, and ambition, he moved quickly onto a strong pre-auction opportunity. The numbers make for a great first project:
▪ Purchase price - £140,000
▪ Refurbishment cost - £45,000
▪ Gross Development Value (GDV) - £250,000
▪ Take-home profit - £30,000
And the most powerful part? For Beznik, this flip is almost completely hands-off. Needing only a few hours management time each week, he is able to run this project alongside his full-time job, giving him an additional £30k in his pocket without stepping away from his existing income.
Besnik has also leveraged the Sourced ecosystem from day one. Acting on his BDM’s advice, he secured funding through Sourced Financial Services, keeping everything in-house. That means working with a team who understands both him and the project, while saving on brokerage fees as access to SFS is included in the Property Partner package. It’s a streamlined and strategic process, built to remove friction.
In just a few weeks, Besnik has gone from becoming a Property Partner to taking on a £250,000 development. Today, it’s a £30,000 part-time profit boost. Tomorrow, if he chose to go full time, he could project manage multiple flips while sourcing deals to scale his portfolio and significantly increase his annual income.
If you’re ready to turn ambition into action and build real momentum in property, Sourced is here to help you make it happen.
Author
Chris Kirkwood
