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11 property portfolios for sale

11 property portfolios for sale

Here are the latest batch of property portfolios
being offered by one of our trusted property sourcers

To enquire about any of these property deals please
telephone Mike – 07977220380

Sourcing Fees Apply

West Yorkshire – Portfolio of 85 apartments + 1 house 

West Yorkshire based portfolio of 86 properties that consists of 85 apartments and one house.

They sold off the freeholds to all the developments a few years ago which is a shame as they have almost an entire block or two in the portfolio.

The properties held within a specific purpose Limited Company and the book value is circa £7 Million (GBP)

The developers are looking to net £5.5 Million (GBP) or very close to.

Fully let currently it generates some £447k (GBP) pa in income before ground rents and service charges.

Net yield is over 7%

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Liverpool PBSA site 1

OIRO £2,000,000 (GBP)

•   Land Sold with Planning Permission for 356 Student Rooms

•   Site Size 1.195 acres, 4830 Square Meters

•  Nov 2012 Lending Val £3,450,000.00

•   Building can Start in August

•    In Clusters with Open Plan Lounges and Kitchens

•   Contemporary Building Over 5 Floors

•  Student Lounge, Cate, Gym Laundrette and Player Room

•   5 Wings, 5 Lifts

•   Parking Spaces and Bike Ports

•  Commun11I Gardens Are.as

•   200 Yards from Liverpool University

•   A short Walk to Liverpool’s City Centre

•   Lifetime Covenant  indemnity  insurance

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Liverpool PBSA site 2

Opportunity in Liverpool for PBSA with Planning Permission for 140 units.

There has also been a favourable nod from the council to increase to 284 units.

Purchase Price: £1.75 Million (GBP) – as is – for the site with full planning permission as above.

Site with full planning permission for new 6 storey building consisting of 122 student rooms in 22 clusters, 18 self contained flats and 1 retails unit with associated parking and landscaping.

The planners have indicated that they would be sympathetic to an amendment to the above application in line with the proposals outlined in the Concept Design brochure to uplift planning permission to 284 beds. They also agreed that they accept that an increase in the number of units to 284 would be a more effective use of the site along with a design more consistent with the current surrounding buildings. Potential GDV £18 Million (GBP)

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Sheffield     47 apartments

Sheffield 47 apartments 9.4% net yield / 26 % BMV

42 units available made up of studios, 1 bed & 2 beds all fully let and 5 commercial units.

The price also includes the freehold on the whole development.

Sheffield Facts:

·       Freehold of 120 including commercial units.

·       Commercial Units- 1-5 see spread sheet. upon request

·       2 Bedroom flats-6 see spread sheet. upon request

·       1 Bedroom flats-27 see spread sheet. upon request

·       Studios-9 see spread sheet. upon request

·       Total number of properties 47.

·       Lease 150 years from November 2007.

Summary

•         Bank valuation = £4,380,000 (GBP) + Freehold. Valuation was done in December 2013

•         Sales price = £3,909,000 (GBP) if each unit is sold individually (10.8% discount)

•         Sales price = £3,225,000 (GBP) if purchased as bulk as one transaction (26.4% discount)

•         Net income from rental income & ground rents = £302,378 (GBP)

•         Net Yield = 9.4%

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Nelson     17 houses

Offers circa £620,000 (GBP) for 17 houses.

All fully renovated to an excellent standard and local agents say the 2 beds would go for £50k and the 3 bed £60k.

Only two minutes walk from the town centre.

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Balham, London

SUMMARY PROPOSAL

Beautiful victorian luxury development of 16 tenanted, fully

furnished apartments of which 13 are available to acquire.

All current tenants are on 6 months AST’s.

The Estimated Rental Value (ERV) is £400,000 (GBP) p.a.

We are proposing either individual sales (see individual price schedule TBC) or

will consider selling all 13 apartments as a single asset sale and include

the entire freehold for £9,250,000 (GBP)

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Social Schemes/sites

1.        Mossley Hill, Liverpool.

Approx. 2 acres with consent to erect 1, 2, 3 and 4 storey buildings comprising a) 95 bed Residential Care Facility b) 23 Sheltered Accommodation apartments c) 90 x children nursery d) 46 x children after school accommodation.

2.       Randlay Centre, Randlay, Telford.

Approx. 1.24 acres with consent for 72 bed care Home and 18 apartments.

3.        Blythe Bridge, Staffs.

Listed building in poor state of repair with current planning for 14 apartments but owners are applying new consent for 40 bed Care Home plus two guest rooms and managers accommodation at the luxury end of the market. Set in own grounds.

4.        Wem, Shropshire.

Currently owners in for planning for 9 houses and 13 apartments but essentially application made to establish to total approved square footage of 25,000. There is a demand locally for Care Home facilities and a waiting list. This square footage would translate into say 60-80 beds.

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Gravesend, Kent

Full planning 86 flats (1,2&3 beds) + c.900 sqm commercial/retail unit

Est. Build costs £5.6-6Million (GBP) (£65k per unit)

Est. GDV £15 Million (GBP) (avg. £185K per unit) + up to £3 Million (GBP) for retail unit

Site value £3.6-4 Million (GBP)

Offers above £3 Million (GBP) for a quick sale

Sales fee 2%

Gravesend has links to the Ebbsfleet train station so direct fast service to London St Pancras

The proposal is as follows:

Demolish existing 6 storey office block

Build 4 new blocks (1×4 storeys, 1×5 storeys & 2×6 storeys)

86 flats (30×1 Bed, 48×2 Bed & 8×3 Bed 4 of which will be penthouses and 26 affordable units)

923m2 of mixed commercial units (A1,A2 and D)

98 car parking places

Original planning was back in 2008, but was revised in 2013. Full planning is in place.

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Manchester

Rusholme student Properties 3 Bed 2 reception terraced houses – Potential student 4 bed let

Hartington Street 3 bed property recently refurbished 2 Receptions tenants in place 12mths A £600

Cowesby Street 3 bed property recently modernised 2 double bedrooms 1 single bedroom and 2 Receptions tenanted at £600 PCM

Both properties cash purchasers only current market values £115K-£125 therefore both properties should cost £235,000 (GBP) MIN, time is of the essence and these properties will sell very quickly as both are tenanted and have been modernised.

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Doncaster

Two terraced properties in Doncaster that we can let go for £65,000 for both, one needs and update (heating system and some new windows) and one is good to go. Both 3 beds with a potential rental return of between £350-400pcm.  Brochures on request and find it’ll return minimum 14.7% gross yield…

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Widnes 

Victoria Road – Widnes – Google maps

– Estimated Value – £288,000 (based on comparable property + sq footage)

– Estimated Income – £1,670pcm (based on previous income NET of management fee)

– Offer needed – £200,000

End plot spread across 3 stories including basement and attic space.

Recently updated but minus a kitchen. 3 Rooms on the top floor. 2 reception rooms (open plan) on the first floor.

Chicken Shop on ground floor fully fitted with £60,000 worth of equipment still under warrantee.

Reason for selling, need to release some capital and previous business didn’t take off under franchise. Not to say it can’t be better managed in the future.

An alternate route may be converting the commercial aspect to residential to produce a high returning flats / bedsits depending on the sort of tenant you’re likely to attract in the area.

Closest market comparable is below, please bear in mind it is a mid unit and nowhere near the size of the premises on offer
Comparable Commercial Unit – Widnes

To enquire about any of these property deals please
telephone Mike – 07977220380

Sourcing Fees Apply

Nueva Andalucia Rises From The Shadow Of Marbella

Nueva Andalucia Rises From The Shadow Of Marbella

 Overseas Property In The Spotlight

Perfectly located just ten minutes from the famous Spanish resort town of Puerto Banus, Nueva in Andalucia has become increasingly popular with UK property investors looking to purchase a property in the Marbella region.

By day and by night, the area around the seafront has a varied choice of cafes, bars and restaurants, where visitors can sample some of the regions superb seafood, or simply enjoy a glass of wine and watch the world go by.

There are a number of older urbanisations throughout Nueva Andalucia, which consist of apartment blocks and town houses, all of which are very affordable.

The town’s coastal location, just over an hour in a car from the airport in Malaga, which has made it a popular destination for holidaymakers and foreign residents alike.

Continue reading »

If you have ever wondered about how property investment could be the way for you to quit your j.o.b and change your lifestyle for the better, then take a look at the offer below from our friends at Platinum Portfolio Builder

How Property Investment can change your life!

  • Are you serious about Investing?
  • Are you looking to build a Buy-To-Let property portfolio but don’t have the time to manage it?
  • Are you looking for properties in prime locations at significantly discounted prices?
  • Do you want higher yields on your investment?
  • Would you like to benefit from lucrative assembled bulk deals?

…If you would answer YES to the questions above, then you might want to talk to us!

 

Whatever your requirements … Platinum Portfolio Builder knows how to invest for your future

8 two bedroom apartments located on a modern housing estate

 

Purchase Price £400,000
Expected Valuation £600,000
Purchase Costs £15,600
Refurbishment Costs £2,000
Equity £182,400
Discount 30.04%
Annual Rent £42,900
Gross Yield 10.27%

Head of Property Buying at Platinum Portfolio Builder, Dean Thompson has this lucrative offer for property investors:

 

An exciting opportunity has arisen to purchase 8 two bedroom apartments located on a modern housing estate, within a larger block. 75% of the apartments are currently let with active marketing taking place for the remaining apartments. A rental income, when fully let is estimated to be £42,900

Now that you have seen a brief snapshot of HOW Platinum Portfolio Builder do it, find out WHY people like us invest with them…

Not only do Platinum Portfolio Builder buy properties on a large scale, they can tailor property purchases to everyones individual needs, just like the property portfolio PPB are building for Chris and his wife Natalya. All at a minimum of 25% below genuine market value (BMV)….

So, why did Chris and Natalya invest with Platinum Portfolio Builder?

  • “Even though we have investment experience, we’re m no property experts. What really attracted us to Platinum Portfolio Builder was the fact that we could get at least four properties in our property portfolio using just £75,000 (GBP) of our own money”.
  • “Without third party property investment services, we could never have got into property investment on our own “.
  • “The great thing with PPB is that all of the properties they secure for their clients are cash flow positive from day one”.

Chris and Natalya, Platinum Portfolio Builder Clients

“Our plan is to get about 16 properties in total that we can use them to support our family, and pass down to our children in the future.”

A typical property from a PPB portfolio

Purchase Price £77,000
Expected Valuation £110,000
Purchase Costs £1,250
Refurbishment Costs £3,100
Equity £27,500
Discount 26.05%
Annual Rent £5,400
Gross Yield 7.01%

  

 

Disclaimer

Please note that Platinum Portfolio Builder is not authorised or regulated by the Financial Services Authority and as such is not permitted to offer financial or investment advice to UK resident investors, whether or not the intended investments are regulated or unregulated. We strongly encourage you to consult an FSA-authorised Independent Financial Adviser before committing to any form of investment.

The profitability of this investment can go down as well as up. Historic performance should not be taken as a guarantee of future returns. This investment can increase the risk of losing money as well as increase the possible gains. Bank interest rates may increase during the term of the project. This is a non regulated investment and is therefore not covered by the financial services compensation scheme.

 

 

Dutch Property Market Avoided By Property Buyers

Dutch Property Market Avoided By Property Buyers

Property investors are avoiding buying property in the Netherlands because they fear the property market is yet to hit rock bottom

The Netherlands are the only country in Europe that is still creating its own new land, however, property prices in the Netherlands are continuing to fall alarmingly, putting off purchasers and investors alike.

Property prices of residential properties in Holland are at the same level as they were 10 years earlier, and are still falling, reflecting the stagnant housing market in the country.

According to a joint publication by Statistics Netherlands and the Land Registry Office, prices of existing owner-occupied residential properties in The Netherlands were on average 7.6% lower in April 2013 than they were in April 2012 and 19.5% down from the peak of the global property market of August 2008.

Residential property prices are falling as a consequence of ultra low demand from property buyers.

Official figures reveal that only a total of 29,644 residential property sales were registered in the country during the first four months of 2013, compared to the same period last year.

The Financieele Dagblad reported recently that Dutch banks’ housing market specialists would no longer be making predictions over the decline in residential property prices.

Last year, the banks predicted a further fall in Dutch property prices in 2013 between 7% and 10%.

Continue reading »

Families who are looking to move into larger properties are finding themselves stuck in first-time buyer flats because they cannot sell their homes or get a mortgage.

A survey by LloydsTSB found that “second steppers”, those who have a first home to sell and who want to move up the ladder, are increasingly stuck in unsuitable accommodation.

The report reveals that home affordability for Second Steppers has become much less favourable and declining house prices have led to many homeowners being in negative equity.

Second Steppers are homeowners looking to sell their first home and move up the property ladder.

Many potential Second Steppers in today’s market would have bought close to the peak of the UK property market and are now finding it increasingly difficult to get off the “first rung”.

Many bought at the peak of the market in 2007, and may have negative equity to cope with as well as a lack of buyers and difficulty meeting moving costs.

The figures show the majority of property vendors in this situation have been stuck on the property ladder for over 12 months.
Some will have had children in the intervening time and feel that they are stuck in unsuitable accommodation.

22% now believe that it is harder to move up the housing ladder than to get on it in the first place.

According to Lloyds TSB’s report,
• 61% of second steppers have wanted to climb up the ladder in the past 12 months but have been unable to do so as they face an increasing number of challenges.
• 22% believe it is now harder to move up the ladder than get on it in the first place.
• 43% also feel it will be as equally difficult.

Stephen Noakes, mortgage director of Lloyds TSB said: “First-time sellers are now faced with some very tough challenges when trying to make their next move on the property ladder and many are finding it more difficult than getting on the ladder in the first place. It is vital that this group of home movers receive more support and attention as they play an intrinsic role in getting the housing market moving again.”

A recent study by HSBC also found that as many as 360,000 home owners are unable to move up the property ladder thanks to a combination of sliding house prices and more restrictive lending rules.

Those who bought properties in 2007 before the housing crash do not now have sufficient equity in their homes to trade up to larger properties, according to new research by HSBC.

Although most are not yet in negative equity, they do not hold enough of their home’s value to cover the required 10% deposit on a new property and pay associated moving costs, such as stamp duty, agent fees and legal expenses.

The problem has been exacerbated because the price of many first time properties has fallen faster than the rest of the housing market.

Demand from first time buyers has waned since lenders pulled out of the 100% mortgage market.

Mortgage lenders now require buyers to put down at least a 10% deposit, and even then these borrowers will be charged a higher mortgage interest rate than those borrowing 75% of a property’s value.

Peter Dockar, the head of mortgages at HSBC, said: “Those who have bought their first home can no longer rely on rising house prices to provide them with the deposit they need for their second.”

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