Below Market Value Properties For Sale
Start your property portfolio today
Below Market Value Properties For Sale
Start your property portfolio today
Large discounts on property
Completely transparent
Tailored investment opportunities
We’ll handle everything for you
WHAT DOES BELOW MARKET VALUE MEAN?
But hang on, don’t the majority of houses go for Below Market Value anyway? After all, no one ever offers the asking price.
Well, not necessarily. You see the asking price is what the property is marketed for – it doesn’t necessarily represent its value. In fact, many times asking prices are overinflated due to an agent’s overvaluation or a homeowner’s unrealistic expectations. So even if a property goes for significantly below the asking price, it’s the figure that it sells for that dictates its open market value. A BMV property is anything priced below this figure.
At The Property Sourcing Company, we specialise in BMV property so you don’t have to. Time is everything when dealing with property, so why waste yours sourcing your own BMV deals when we can do all the hard work for you? All you have to do is pick up the phone.
HOW DO I WORK OUT IF A PROPERTY IS BELOW MARKET VALUE
It’s one thing knowing what BMV property is. But it’s another thing entirely to be able to spot it.
For starters, you must do your due diligence and research both the property and local market thoroughly. Fail to do so and you risk being misled by your own inaccurate figures.
So to get you started, here’s a few tips we’d suggest for working out if a property is BMV..
- Find recent comparable properties and compare their sale price.
- Determine the value of the properties currently on the market.
- Compare a property’s features and USP’s.
- Get a grasp of the local market and how quickly properties sell.
- Ask an online property valuation tool (Just be sure to take this figure with a pinch of salt!)
Follow these tips and you should have a good sense of a property’s value and be able to determine whether it’s indeed a BMV property or not.
TYPES OF BELOW MARKET VALUE PROPERTY
We buy properties of all shapes and sizes that are suitable for a variety of different investors, here are just a few types of property we buy:
These tend to be normal residential houses, 2 to 3 bedrooms terrace, semi-detached, detached or flats.
They are houses that are suitable for the average renter and are sometimes known as vanilla buy to let properties.
A House of Multiple Occupancy (HMO) is a rented property occupied by at least three people who are not from one household or five or more people, forming two or more households.
This type of Buy To Let is a freehold block which offers multiple, separate or independent residential units.
This can be a variety of different types of property such as blocks of flats or houses converted into flats.
This is very similar to HMO’s and even are often referred to as non-licensable HMO’s.
They have many characteristics of a typical HMO but don’t require the licence, but they may still require planning permission from your local authority.
As the name describes, this is a commercial premises and it is when you let the property out to one or more businesses.
It’s often referred to as Commercial Landlord Mortgage, Business Buy To Let Mortgage or Commercial Investment Mortage.
OUR LOCATIONS
Thinking of buying a BMV property, but have a specific area in mind? To give you an understanding of just how broad your property choice is, here’s the areas where we most regularly buy BMV property…
EXAMPLES OF PROPERTY INVESTMENTS
Have we got your interest? Well, how do you know that we’re going to provide great deals? Just take a look at some of our recent sales in the area, they speak for themselves!
Start your property journey today
Start your property journey today
WHY SHOULD YOU INVEST WITH US?
While our investors database is great perk of our service, our team are the real reason you should buy your next investment property through us.
Without their extensive knowledge of BMV property, we wouldn’t be able to source you generously discounted deals, nor ensure your purchase is quick and hassle free. All ingredients that allow you to make wise investments and grow your portfolio fast.
It’s also our team that allows us to grow our relationship with you as an investor, even after your purchase has gone through. Buy your investment property through us and rest assured you’ll be far more to us than just a number – we’ll know you on a first name basis.
WHY SHOULD YOU INVEST WITH US?
While our investors database is great perk of our service, our team are the real reason you should buy your next investment property through us.
Without their extensive knowledge of BMV property, we wouldn’t be able to source you generously discounted deals, nor ensure your purchase is quick and hassle free. All ingredients that allow you to make wise investments and grow your portfolio fast.
It’s also our team that allows us to grow our relationship with you as an investor, even after your purchase has gone through. Buy your investment property through us and rest assured you’ll be far more to us than just a number – we’ll know you on a first name basis.