Following on from our announcement last week, Property Portfolio Management Ltd is delighted to announce another successful purchase of residential property. This is part of our three year ‘buy to flip’ strategy.
2nd Property Purchase in 7 Days Confirmed
This is our second purchase in the last 7 days.
We have purchased a 3 bedroom freehold property in Watford for £390,000, subject to planning permission. The property is ideally suited to a conversion project and will therefore be developed into 2 flats, (1 two bedroom flat and 1 one bedroom flat ).
When completed, these flats will deliver a Gross Development Value (GDV) in excess of £640,000. Planning permission will be obtained prior to deal completion; the conversion project will be finished within 14 weeks of completion.
We have also been commissioned to deliver a £1.5m ‘buy 2 let’ portfolio on behalf of a private investor within the next 18 months and are actively sourcing further residential properties. We require one more before the end of March 2018 to complete our Q1 2018 requirement.
Our ‘buy 2 flip’ 3 year strategy is funded by a small group of private investors and guarantees a return on investment of 10% per annum. Investment starts at £25,000 and round 2 of funding is now open for consideration.
If your current investments are not performing and you want double digit ROI, gives us a call or email us, the details are below.
If you have enjoyed this post, you will also like, 4 Ways to Start in Property Without Any Cash.
Property Investments and Trading, London
We only work with a limited group of investors at any one time.
We create bespoke property portfolio Investment solutions on behalf of our clients which provide substantial returns on investment over either the short or long term.
Property not only, substantially out performs all other ‘high street’ investment types such as ISA’s, Bonds & high interest savings vehicles, it is also considerably more risk averse compared to stocks and shares.
To read more about our services click here.
If you want to build for the future, either over the short or long term, we would be delighted to talk.
Director, Property Portfolio Management Ltd
Image credit: https://northdownpropertyconsultants.co.uk
This is blog post number 8.