Walter Rd is now refinanced and set to passive income for the investors. Final report.
Firsts tenants are in, and finally we switch from building project to income producing asset. Now for the refinance – sharing lessons learnt in the process
The project is starting to really take shape as we reach the end of construction phase and move into the next stages of finding tenants and refinancing.
Found out we missed out on the 2 semi’s planning application today. Council thinks us a little ambitious in over use of the land.
[featured-img]We’ve received a mid-construction report from the Project Manager on this one, which is great! As you can see from the photos below, there’s been some real progress with frames built, and the walls and floors are really looking different from the state we left it in. Work completed so far: Rip out Frame works…
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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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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]
One of the reasons we started work on Walter Rd was to get the renovation started in order to change the use of this property from office to a HMO, and therefore remove the higher commercial council tax rate. To do this you submit a form of course, a VO7012. Craig calls the Valuations Office…
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This property has a lot of potential and uplift possibilities. Our vision for it is to extend the house. This aligns with the demand in that area.
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.
