Portfolio
Sunderland
This property was setup on a flip strategy. 3 Bed terraced house in the heart of Eden Vales close to the metro, hospital and amenities.
Purchase Price: £55,000
Refurb: £10,500
Legals: £7700
Revalued: £86,000
Farnborough
Long term buy and hold. This is a detatched 3 bed with parking at rear and outside garden.
Purchase Price: £239,000
Refurb: £35,000
Legals: £3,500
Current Value: £325,000
Hucknall
Current project in exchange process: June 2020
2 bed end terrace converted to a 5 bed HMO. Complete refurbishment including en-suits in each bedroom.
Purchase Price: £140,000
Refurb & Legals: £78,000
Furniture: £9,600
Revalued: £255,000
Llandrindod Wells
Top floor 1 bed apartment converted into a 2 bed. This was an Initial flip strategy, but decided to hold after adding considerable value from the second bedroom and were able to pull all of our money out.
Purchase price: £27,500
Refurb: £17,500
Legals: £7,500
Revalued: £85,000
Aldershot
Long term buy and hold. This property has been owned for 18 years. 2 bed terraced house with garden.
Purchase Price: £121,000
Refurb: £28,000
Legals: £2,500
Current Value: £245,000
Mansfield
Current project in exchange process: June 2020
3 bed terrace converted to a 6 bed 3 bath HMO. Full renovation with professional tenants
Purchase Price: £85,000
Refurb & Legals: £79,000
Furniture: £7,800
Revalued: £190,000
Derby
Long standing property bought 10 years ago during Luke’s university days and has been renovated along the way.
Purchase Price: £95,000
Refurb: £5,500
Legals: £2,600
Current Value: £135,000
Farnborough
End 2 bed Terraced. This was Joss’s first home back in Farnborough now currently been tenantent for 5 years.
Purchase Price: £155,000
Refurb: £22,000
Legals: £2,500
Current value: £285,000
What else are we working on
We are building two dual-occupancy properties in Brisbane, Australia. A '“dual-key” (as they are commonly known) is a single block of land with two dwellings on one title, either attached or detached. Ours are attached, and are made up of 3 bed and a 2 bed in West Brisbane and a 3 bed and a 1 bed just South West of Brisbane.
Why
There is huge demand and under supply to these areas, as people are migrating from expensive cities like Sydney, to Queensland’s stable economy, affordable housing and all-round high standard of living. We see a strong trend, for young families wanting new, modern and affordable residences in the 2-3 bed homes and first time renters, young professionals and older adults wanting independence and fresh starts in the 1 and 2 bed dwellings.
