A snapshot of our current UK property portfolio
2 BED MAISONETTE, LONDON E10
Purchased in 2003 as a 2 bed maisonette, we purchased this property as our principal residence. After becoming expats in 2006, we rented it out on a single AST. In 2017, we re-mortgaged it to finance our property portfolio.
PURCHASE PRICE: £154K
CURRENT GDV: £490K
5 BED STUDENT HMO, BEESTON NG9
Purchased in 2018 as a 3-bed, one of the ground floor reception rooms was repurposed as a fourth bedroom, the property was extended at the rear and into the loft to create a fifth bedroom, all within Permitted Development rights.
PURCHASE PRICE: £176K
REFURB COST: £80K
CURRENT GDV: £350K
3 BED SEMI, NOTTINGHAM NG5
Purchased off market in 2022 at a heavy discount, this property benefits from close proximity to a major hospital and is currently undergoing a light refurb and being set up as our first Serviced Accommodation unit.
PURCHASE PRICE: £150K
CURRENT GDV: £210K
6 BED STUDENT HMO, N0TTINGHAM NG2
Bought in 2018 as a 3-bed, the dining room on the ground floor was repurposed as a fourth bedroom, the property was extended at the rear and into the loft to create two more bedrooms, all within Permitted Development rights.
PURCHASE PRICE: £115K
CURRENT GDV: £360K
5 BED STUDENT HMO, LANCASTER LA1
Bought as a tired student HMO in 2020, at a time when the UK was in and out of lockdown due to Covid, the property underwent a light refurb and extensive interior design and has achieved good capital growth in a relatively short time.
PURCHASE PRICE: £222K
REFURB COST: £3OK
CURRENT GDV: £350K
5 BED STUDENT HMO, LANCASTER LA1
Bought as a tired student HMO in 2020, at a time when most investors were panicking, we were able to get this this property at a small discount. Itunderwent a light refurb and extensive interior design.
PURCHASE PRICE: £220K
REFURB COST: £25K
CURRENT GDV: £350K
BLOCK OF 4 FLATS, DERBYSHIRE
Purchased pre-auction in 2022, this former police station was in need of a full refurb. All four one bed flats were treated to new kitchens and bathrooms. Post refurb, all four flats were given an EPC rating of C. Five months later, tenants moved in on ASTs and the block was refinanced.
PURCHASE PRICE: £230K
CURRENT GDV: £330K
3 BED SEMI, PRESTON
Purchased post-auction in 2022 not long after the disastrous mini-budget that sent the UK property market into turmoil, we were able to secure this one with a heavy discount. The property benefits from close proximity to an Amazon distribution centre and is currently being set up as Serviced Accommodation.
PURCHASE PRICE: £128K
CURRENT GDV: £194K
5 BED STUDENT HMO, NOTTINGHAM NG9
Purchased in 2020 as a 3-bed, one of the ground floor reception rooms was repurposed as a fourth bedroom. The property was extended at the rear and up into the loft to create a fifth bedroom, all within Permitted Development rights.
PURCHASE PRICE: £166K
REFURB COST: £101K
CURRENT GDV: £350K
