Here are some photos of the state in which we received the property before we started work on it. [s2If !is_user_logged_in()] Below here is some more info for people we know and trust. Check out how to read it here. [/s2If] [s2If current_user_can(access_s2member_level1)] [/s2If]
A nice little flip came through today, with a tidy profit margin, perfect to finish the Invest 1 plan off so we decided to take it up, as the numbers work. This property would make a great Buy To Let (BTL) however the current strategy calls for a flip at this time, so we are…
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We decided to take on some demolition work to “get our hands dirty and feet wet”, as Jeffrey Lee would say. This will also reduce the build cost a little as we can dispose of large bulky waste for free at the local recycling centre, as Ma & Pa’s can but commercial operations cannot. 😀 We…
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Here are some photos of the state in which we received the property before we started work on it. There are some interesting items that we might be able to sell, some other items that will go to the tip. A lot of rubbish though. [s2If !is_user_logged_in()] Below here is some more info for people…
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We got the email from our solicitor today that we’ve completed*on Walter Road, which is great news! *For non-UK readers, completion here means we have paid the full purchase price and the Title will now be registered in our name.
Walter Road was not within our original plan for Invest 1 in the first 6 months, but we decided to take it on because we had a keen investor who was interested in a bigger project, so we created Invest 2. [s2If !is_user_logged_in()] Below here is some more info for people we know and trust.…
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We had word from the solicitor today – we have completed* our first property purchase in the UK! *For non-UK readers, completion here means we have paid the full purchase price and the Title will now be registered in our name.
We had a flip appear today, and taking a look at it, it was almost an immediate yes before doing the numbers as the opportunity to add value was immense by doing some land development style title splitting, subject to planning of course. The basic numbers: Purchase: £80,000 Costs: £5,000 Refurb: £20,0000 Total Spend: £105,000…
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The Swansea area has a lot going for it, and the SA5 district is a historically great area, with medium to high prices (comparing with other South Wales areas) and is quite a sought after area based on demand and the below area ratings on Zoopla. The locals tend to own their own homes with…
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Paperwork is underway and solicitors are figuring out what they require, doing searches etc. Exchange will probably happen within 4 weeks. We met with a local student let specialist who confirmed that the higher end student market would enjoy this location, along with the young professionals. If we can get planning approval for the rooms…
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