Case Studies

Overview

This three-bedroom terraced property was sourced directly from a motivated seller facing financial difficulty. A full RICS valuation confirmed the true market value at £92,000. We secured the property at £68,000 — a 26% discount — on behalf of our investor.

Execution

A full internal refurbishment was carried out over six weeks: new kitchen, bathroom, flooring, decoration, and boiler replacement. Total refurbishment cost came in at £14,000. The property was immediately tenanted to a working professional at £650 pcm.

Outcome

Following tenanting, the investor refinanced at the new surveyed value of £89,000, pulling back the majority of their capital. The net cash left in the deal was approximately £7,200, delivering a cash-on-cash return well in excess of 100% annually. The investor now holds a performing asset with virtually none of their original capital tied up.

Overview

A large mid-terraced property in a high-demand rental area was sourced from a distressed seller requiring a quick sale. The RICS valuation returned £195,000. Our investor acquired the property at £148,000 and proceeded with full HMO conversion.

Execution

Planning permission was not required due to the existing Article 4 direction compliant layout. Five en-suite bedrooms were created across three floors, with a shared kitchen and living space retained on the ground floor. Full HMO licence was obtained prior to letting. Total conversion cost: £28,000.

Outcome

All five rooms were let within three weeks at an average of £550 pcm per room, generating £2,750 per month gross. At the post-works valuation of £192,000, the investor refinanced and recovered the majority of capital deployed. The deal now delivers a gross yield of 14.2% on the outstanding mortgage balance.

Overview

This three-bedroom semi-detached was brought to us by a seller going through a divorce who needed a fast, discreet transaction. The RICS valuation confirmed a market value of £130,000. We completed the acquisition at £98,000 — 25% below RICS value — within 28 days.

Execution

A light cosmetic refurbishment was all that was required: redecoration throughout, new carpets, a refreshed bathroom, and minor kitchen updates. Total spend: £6,500. The property was listed with a local letting agent and tenanted within two weeks of completion.

Outcome

Rent was agreed at £795 pcm, delivering a gross yield of 9.7% against the purchase price. The investor chose to hold without refinancing, keeping full equity in the property. Given Stoke-on-Trent's strong rental demand and rising capital values, this represents a solid long-term income and growth play.