All of our projects are funded by Investors who receive a fixed % return
Purchased from a motivated seller who knocked off £10,000 instead of doing roof repairs which ending up costing £397. First purchase and has significantly appreciated since we got the keys. This was originally purchased as a residential property before switching into our first BTL after 2 years.
Purchase price: £220,000
Money left in: £19,600
BTL – HMO
Found via Rightmove and after a lot of negotiation we agreed a price with the previous landlord who had let the property become extremely run down, we converted this property from a 4 bedroom family home into a 6 bedroom HMO.
Purchase price: £337,500
Money left in: £76,350
Income: £3000 pcm
We purchased this property through a deal sourcer based in South Wales, who had managed to secure a great deal he found direct to vendor.
Purchase price: £66,250
Money left in: £4,741
Rent: £625 pcm
We purchased this property through a deal sourcer based in South Wales, who had managed to secure a great deal via an estate agents they had a good relationship with. The property is based in Caerphilly, just north of Cardiff.