Tag: Swansea

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Walter Road – Refinanced

Walter Rd is now refinanced and set to passive income for the investors. Final report.

Walter Road – Tenants finally

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

Walter Rd – Nearing end of Construction

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.

Swansea Road – Planning application 1 rejected

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.

Walter Rd – Mid Construction

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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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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Swansea Road – Before

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

A rant at bureaucracy

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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Swansea Road – Vision

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.

Walter Road – Completion

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.