Flip

119 Williamthorpe Road

Auction flip delivering £46,600 profit in just 192 days.

North Wingfield, Derbyshire
Semi-Detached House
3 beds
1 bath
Completed
£105k Purchase
£225k Sale
£46.6k Profit

Property Details

Type
Semi-Detached House
Bedrooms
3
Bathrooms
1
Strategy
Flip
Timeline
192 days

Why This Deal

An auction purchase with a clear flip thesis. At £105k acquisition the numbers left substantial room for a full renovation and a profitable exit — even after factoring in bridging finance, stamp duty, and selling costs. The target was a clean, fast turnaround and a sale north of £200k.

Financials

Investment breakdown

Purchase Price £105k
Renovation Cost £48,284
Total Investment £178,400
Current Value £225k
ROI 26%

Before & After

The transformation

Scope

What we did

Full renovation of a 3-bed semi-detached — transforming a dated property into a modern, market-ready home.

  • Full internal renovation
  • New kitchen
  • Bathroom refit
  • Redecoration throughout
  • New flooring
  • Building control sign-off

The Deal

119 Williamthorpe Road was an auction purchase — a 3-bed semi-detached in Derbyshire picked up for £105,000. The property needed a full renovation but the fundamentals were sound: a good-sized family home in an area where renovated 3-beds were trading well above £200k. The spread between acquisition cost and realistic exit value gave us the margin to run a full renovation programme and still deliver a strong profit for the investor.

Funding was structured through bridging finance — a £77,069 loan advance with the remaining deposit and costs covered by investor capital.

The Numbers

Full transparency on every cost. These are the actual figures, to the penny.

Acquisition costs:

ItemAmount
Purchase price£105,000.00
Auction fees£1,500.00
Deposit£10,500.00
Stamp duty£5,250.00
Lender’s valuation£408.00
Vendor’s legal fees£1,650.00
Conveyancing & lender’s legal fees£3,114.97
Remaining deposit£26,794.02
Bridging loan advance£77,069.61

Renovation & holding costs:

ItemAmount
Renovation costs£48,283.92
Building control£1,020.00
Insurance£300.00

Selling costs:

ItemAmount
Estate agent fees£2,160.00
Selling solicitor fees£1,632.95

Finance:

ItemAmount
Bridging loan total (inc. interest)£85,021.08

Result:

Sale price£225,000.00
Net profit£46,600.29
Timeline192 days

The Outcome

Purchased on 28th January 2025. Sold post-renovation on 8th August 2025. 192 days from completion of purchase to completion of sale — delivering £46,600.29 in net profit after every cost is accounted for. No hidden fees, no glossed-over numbers. That is the real return on this deal.

Outcome

The results

Sold for £225,000 after renovation — delivering £46,600 profit in 192 days, a 26% return on total costs.

  • Sold for £225k (£120k uplift on purchase price)
  • £46,600 net profit after all costs
  • 26% return on total investment
  • 192-day turnaround from purchase to sale

Timeline

Key milestones

Total timeline 192 days
Step 1 Acquired Jan 2025

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