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Portfolio
Our diversified portfolio showcases a robust selection of real estate assets designed to deliver long-term value and sustainable growth.
Hartington Street
Commercial Conversion
A vacated former Gym on Hartington Street and significant commercial building, we obtained planning for a 16 bedroom fully en-suite HMO. Working out the end valuation (GDV) before work commenced and using our market insight and industry contacts we confidently applied for, and successfully achieved, full planning permission. Now with contracts in place for the full development and finance arranged the project is currently underway and on track to achieve our aims of to pull all the funds used back out of the deal and repay our investors with profit on top.
Project Financials
- Purchase price £100,000
- Refurbishment and legal costs: £304,000
- Completed valuation £1,064,960
- Positive cashflow following refinance £394,720
- Profit (expected, if sold): £660,960
- Projected rental income: £133,120 per year
Property Bundle
Re-design & Renovations
Paradise St: A 4-bedroom completely reimagined from the ground up.
Renovated with a brand-new modern kitchen; fully fitted luxury bathroom; fresh flooring, fixtures, and finishes throughout; a full top-to-bottom redesign that adds both style and value.
Duddon Rd: This 3-bedroom property was purchased, redesigned, and completely transformed to unlock its full potential with a full internal renovation; modern kitchen and units; stylish finishes throughout.
Severn Rd: A run down flat and garden renovated into a desirable living space with a stunning back door view.
Combined Portfolio Financials
- Purchase price: £123,000
- Refurb & legal costs: £85,540
- Revenue per annum: £35,100
- Revaluation after refurb: £360,000
Bowness Road
Conversion & Title-Split
As well as a conversion of the commercial space and a full refurbishment, we further enhanced the value of this property by employing a title-split strategy. Initially acquired as a single title encompassing a commercial unit and two 2-bedroom flats, we divided it into three separate titles. This strategic move enabled us to refinance each unit individually, significantly increasing the overall value.
Project Financials
- Purchase price: £175,000
- Refurbishment & legal costs: £66,000
- Title splitting costs: £7,000
- Total new valuation: £420,000
- Profit (expected, if sold): £179,000
- Rental income: £30,600 per year.
