Tag: Invest 1

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Blodwen Street – New Agent

Agent didn’t live up to their promise, so we are getting a new agent at the end of the short leash we gave the old agent. Strategy and Update.

Blodwen Street – Construction Ends – On the Market

We have finished construction of our first flip project and it is now on the market. We have selected an agent, and it is now listed on Zoopla.

Blodwen Street – Choosing a Kitchen

Our search for a kitchen supplier and also the way we work with materials has found a home with LNPG and Magnet Trade that we will work with for all future

Blodwen Street – Construction Starts

Join us on our journey as we start the renovation and construction of Blodwen Street. The aim is to do a quick reno then rent or flip it on.

Gwendonline St – Planning approved

We are thrilled we received word from the Neath Port Talbot council today, they approved our planning application to change the property from C3 residential to C4 House of Multiple Occupants for up to four people. Yay! There was a proviso of no accommodations on the ground floor, as per the flood consequences report, which…
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Building our team: Gwendoline & Walter

We had the pleasure of meeting a letting agent who is achieving rents beyond our expectations for HMOs in Swansea and Port Talbot and we decided to make them a part of our team. Hearing about the agent being an investor himself, how he disagrees with many letting agents on their methods and bedside manners with…
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Gwendoline & Blodwen: Finding a builder Part 2

Today we visited the work sites of two of the builders we are getting quotes from, to understand their work method, see them in their own environment, and understand likely costs of works based on their existing/ past jobs. We are still waiting for quotes, but based on the type of work we have seen…
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Swansea Road – Before

Here are some photos of the state in which we received the property before we started work on it.

Gwendoline: Finding a builder

Today we met with 2 builders on site to get some quotes and ideas about the development. Walking around the property with the builders, we discovered the ease in which this property could be turned into a HMO at a relatively low cost as many walls are brick, and therefore the fire exit is protected. …
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Bridging Loan

We are using 2 of our properties to secure a 64% LTV bridging loan with a commercial lender called Together Finance.  We want to start relationships with the bridge loan companies and banks, and prove our capital adequacy and credit worthiness.  So for now, we will pay the large interest rate (detailed below) and set…
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