PROPERTY TO RENOVATE
PROPERTY TO RENOVATE
Large discounts on property
Completely transparent
Tailored investment opportunities
We’ll handle everything for you
WHY BUY A PROPERTY TO RENOVATE?
Buying a property that is in need of renovation can present an opportunity to purchase something that would typically go for a much higher value if it was in a good condition.
If you find the right property it can be a very lucrative investment strategy. It allows you to buy property well below market value, renovate it, sell and turn a quick profit, if done correctly or create a steady income stream through letting it out.
WHAT KINDS OF PROPERTY DO WE SELL?
We offer opportunities with all kinds of residential property, we buy anything from small flats to large detached homes.
If we see opportunities that we feel would be profitable for house flipping, then we’ll more often than not pass these on to our investor database.
That being said, we often see particular kinds of properties that work really well for renovation projects, which includes:
- Properties at risk of repossession
- Structurally damaged properties
- Fire or water damaged properties
- Inherited properties
Start your property journey today
Start your property journey today
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!
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 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 RENOVATION 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:
Fire & water damaged properties
Fire and water damaged properties can be an attractive investment opportunity for many, but they come with risk and do require a lot of renovation work to flip them around. Fire and water damaged properties are often significantly below market value and can be flipped for high returns.
Inherited properties
Most often than not, beneficiaries of inherited properties will be motivated to sell fast, meaning faster turnaround times for property investors. Due to this, the property will most likely be Below Market Value and are often not in the best condition – perfect for a Refurb to Flip, or BRRR.
Repossessed properties
Repossessed properties can be attractive to property investors as they come at a discounted purchase price, and offer faster transaction speeds. They also cater for the potential to value add with diversification options.
Structurally damaged properties
Structurally damaged properties are a niche area of property investing with high potential reward but also risk. They offer deep Below Market Value offers, creative freedom and higher returns but come with complex renovations and hidden costs.
FREQUENTLY ASKED QUESTIONS
Have you got a question about investing in properties in need of renovation that we’ve not yet answered?
Not to worry, we’ve pulled together some of the questions we regularly get asked and answered them for you below:
It depends whether it is considered habitable, which means it has a working bathroom and kitchen, if so yes you can get a traditional mortgage.
It’s a bit of an industry rule of thumb, it states that the maximum you should pay for a property is 70% of the value after it has been renovated.
For example, if you’re looking to buy a house in poor condition, and all other houses on the road are worth £100K – the maximum you should pay for it is £70k.
This isn’t gospel, and you should always do a lot more research than this.
Yes – house flipping can still be a very good money making strategy, you just need to find the right property & have the right skills, patience and knowledge to be able to do it.
We deal with a lot of properties that are in need of renovation, and regularly sell them to house flippers. The main bit of advice that we can give is to know your budget & your capability to renovate the house within the required timeline, delays are very costly and cut into your margin significantly.
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, have been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, have been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.