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Tailored investment opportunities
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WHAT IS AN OFF MARKET PROPERTY?
Properties that are sold privately, without going on the open market through portals like Zoopla, Rightmove or Estate Agents are referred to as off-market properties. Often as an investor, this is a great way to find fantastic deals and opportunities.
An off market property is one you won’t find on popular property portals or at your local estate agents. It’s far from your typical sale, but it’s an option many sellers are increasingly taking up for a variety of reasons.
As a buyer, there are several benefits to buying a market off property – but the main struggle is that they can be pretty tricky to actually find, as you can’t just search for them in the regular places.
This is why you need a property sourcing company (like ourselves) to help you find these off-market BMV deals straight to your inbox.
WHY ARE OFF MARKET PROPERTIES SO APPEALING?
There are several reasons for both the buyer and seller that off-market property sales are an appealing prospect.
- Privacy: One of the main benefits for a seller of any property is the discreet nature of an off-market sale. It’s common for landlords who have tenants and popular figures like celebrities.
- Lower Costs: You’re cutting out the estate agent, which can be a massive cost that’s involved with selling a property.
- Fewer Complications: Let’s face it, estate agents can complicate things – whatever way you look at it, there an extra step between buyer and seller, with a private sale you’ll often directly communicate.
- Below Market Value: Another commonly accepted part of buying or selling a property off the market is that it will generally be lower than the open market.
HOW TO FIND AN OFF MARKET PROPERTY
This is the tricky part! If you can’t just search on Rightmove or Zoopla, what exactly can you do to find those off-market property opportunities that you might otherwise be missing?
You can talk and build up a rapport with several local estate agents detailing exactly what properties you’re looking to buy, and if you’re lucky then they might contact you before putting the property on the market allowing you to get a great deal and quickly with little to no competition.
There are several property events where you can network with other investors or property buyers, this might present you with opportunities to buy properties they perhaps pass on.
It’s not strictly off market – but there is a rise in people advertising their house sale on social media, particularly Facebook due to its marketplace.
Us! We are part of a group of companies that includes a cash property buyer – meaning we get access to several properties which never touch the open market, allowing us to communicate directly with the vendor.
Start your property journey today
Start your property journey today
OUR OFF MARKET PROPERTY SALE EXAMPLES
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!
Want to see more of our deals? Check out our recent deals.
Buy Refurbish Rent Refinance
Scunthorpe, DN16
House, Semi-detached Freehold
25% BMV
Yield
8.3%
- Freehold
- Driveway
- Rear garden
- Close to local amenities and transport links
- Could achieve £700 – £750 pcm
- Vacant upon completion
Buy Refurbish Rent Refinance
Scunthorpe, DN16
House, Semi-detached Freehold
25% BMV
Yield
8.3%
- Freehold
- Driveway
- Rear garden
- Close to local amenities and transport links
- Could achieve £700 – £750 pcm
- Vacant upon completion
AirBnB
Bakewell, DE45
House, Terrace Freehold
22.1% BMV
Yield
15.2%
- Freehold
- Grade II listed
- £51,000 per annum gross rental
- £200 nightly average
- 70% predicted occupancy
- RICS £420,000 in current condition
AirBnB
Bakewell, DE45
House, Terrace Freehold
22.1% BMV
Yield
15.2%
- Freehold
- Grade II listed
- £51,000 per annum gross rental
- £200 nightly average
- 70% predicted occupancy
- RICS £420,000 in current condition
Refurb to Flip
Tadley, RG26
Bungalow, Detached Freehold
45% BMV
Exit Profit
20%
- Freehold
- Refurb opportunity
- RICS value £300,000
- Strong demand from owner occupier
- Great transport links
- 50 Miles from London
Refurb to Flip
Tadley, RG26
Bungalow, Detached Freehold
45% BMV
Exit Profit
20%
- Freehold
- Refurb opportunity
- RICS value £300,000
- Strong demand from owner occupier
- Great transport links
- 50 Miles from London
Buy To Let
Bradford, BD12 7DE
House, Terraced Freehold
24.3% BMV
Yield
10.8%
- Freehold
- 4.1 Miles to Bradford City Centre.
- 1.5 Miles to M606 & M62.
Buy To Let
Bradford, BD12 7DE
House, Terraced Freehold
24.3% BMV
Yield
10.8%
- Freehold
- 4.1 Miles to Bradford City Centre.
- 1.5 Miles to M606 & M62.
IS BUYING OFF MARKET A GOOD IDEA?
There are several benefits to buying and selling a property off-market, which we’ve touched on, but it’s extremely important as an investor. If you are simply looking at on-market properties, then you’re likely not exploring the full market and potentially not getting the best possible deal.
By signing up with us, you unlock the potential of viewing more properties that meet your desired criteria, completely free of charge.
IS THERE ANYTHING ELSE TO CONSIDER?
Buying off-market is of course a little different, and therefore the process might be a little bit different from what you are used to. If you deal with us, we will do our best to handle everything and make it as typical as possible, however here are a few things that often differ to a standard sale that you should be aware of:
- You may not get detailed photography or brochures – these are usually taken by estate agents, although we always try to ensure there is photography of the property.
- Off-market sales tend to be a lot quicker than standard sales! Be prepared that you may need to act quickly.
- Sellers might expect you to be a cash buyer, meaning you can buy right away without the delay of mortgage approval.
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…
Start your property journey today
Start your property journey today
TYPES OF OFF-MARKET PROPERTY AVAILABLE
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.
FREQUENTLY ASKED QUESTIONS
Have you got a question about investing in off-market property that we haven’t answered yet?
We get a lot of common questions about our service and how we work, as well as some of the commonly used acronyms, so we’ve highlighted and answered our most common queries for you below:
OUR LOCATIONS
If you’ve been through a few pages of our site, or our competitors, then you’ll have seen terms like BTL, BMV & HMO, but what do they mean?
BTL = Buy To Let
BMV = Below Market Value
HMO = House of Multiple Occupation
All you have to do is fill in a contact form on our website and we’ll be in touch. Once we’ve talked about what kind of property you are looking for we’ll add you to the mail list and make sure you see properties that meet your criteria.
Unfortunately without knowing what kind of property you are looking to invest in, it’s impossible to know what you can expect. If you get in touch with us directly, we might be able to provide you some examples.
WHY INVEST WITH US?
We like to think we do things a little bit different to other property sourcing companies. Most of a our competitors are simply middlemen, who find you the best deals – whereas, we are part of a group of companies that includes a cash property buyer, which means vendors who are looking to sell their property quickly and often off-market come directly to us.
We also want to ensure that we find you the best possible deal suited to your requirements. It’s important to us that it’s a profitable purchase for you, we don’t just want you to buy a single property from us, we want to do such a good job that you contact us directly when you come to expand your portfolio.
WHY INVEST WITH US?
We like to think we do things a little bit different to other property sourcing companies. Most of a our competitors are simply middlemen, who find you the best deals – whereas, we are part of a group of companies that includes a cash property buyer, which means vendors who are looking to sell their property quickly and often off-market come directly to us.
We also want to ensure that we find you the best possible deal suited to your requirements. It’s important to us that it’s a profitable purchase for you, we don’t just want you to buy a single property from us, we want to do such a good job that you contact us directly when you come to expand your portfolio.