Property sourcing for investors

Tenanted property, found off-market and checked before you see it.

I find tenanted buy-to-lets, HMOs, blocks of flats and semi-commercial property across England and Wales, direct from the landlords who own them. You get a deal pack with the rent, the tenancy history and the numbers. Then you decide.

Property Redress Scheme PRS047747 · HMRC AML supervised

Charlie Everest, founder of Clarewood Capital
Charlie Everest, Founder
Already tenanted
Rent from the day you complete. No void to fill.
Off-market
Sourced direct from owners. Not on Rightmove, no bidding war.
9%+ gross
What I aim for on tenanted buy-to-lets. Plenty don't make the cut.
What I source

Income-producing property, with the tenant already in

Most of what I do

Buy-to-lets

Single houses and flats with a tenant in place. Mostly freehold terraces and semis.

Room by room

HMOs

Let by the room. Licence, room rents and occupancy all in the pack.

One title

Blocks of flats

Freehold blocks sold as a whole, usually with most or all of the flats let.

Shop below, flat above

Semi-commercial

Commercial lease and residential tenancy, both checked before you see it.

Also: property that needs work. A smaller part of what I do, for buyers who want to add value. Say so when you register and I'll send those too.

Before it reaches you

Four things I check on every tenancy

A tenanted property is only as good as the tenancy. These go in every deal pack.

How long the tenant has been there

Three years in is a different risk to three months in.

Arrears, now and in the past

I ask for the rent history, not just whether they're paying this month.

Who the tenant is

Working professional, family or students. Each one rents differently and stays for different lengths of time.

Rent against the local market

Under market means room to grow. Well over market, and it might not last.

How it works

From registering to completion

01

Tell me what you buy

Property type, areas, budget and how you fund it. Two minutes.

02

I send what fits

A deal pack for each one: photos, rent, tenancy details, comparables and the yield.

03

You reserve it

Pay the reservation fee and it comes off the market for 12 weeks while your solicitor gets going.

04

Through to completion

I stay on it with the vendor, both solicitors and your lender until it completes.

Recently placed

Recent deals I've placed with investors

All deals

2-bed house, Halifax

Mid-terrace
Purchased
£100,000
Rent
£9,000 pa
Gross yield
9%
Status
Tenanted

Standard two-bed mid-terrace, tenanted on purchase. Bought roughly £10,000 under an estimated value of £110,000, so there was equity on day one as well as the yield.

2-bed house, Barnsley

Semi-detached
Purchased
£130,000
Rent
£11,400 pa
Gross yield
8.8%
Status
Tenanted

Freehold semi, tenanted on purchase. Garden, driveway, outhouse and a boarded, carpeted basement. The buyer had finance in place before reserving.

Not financial or investment advice. Figures are as let at the time of purchase. They are not a guarantee of future performance, or that similar stock will be available.

Fees

£3,000 or 2% of the price, whichever is higher.

You pay a buyer's fee on the properties you buy. Part on reservation, the rest on completion. Registering and receiving deal packs costs nothing.

Purchase priceBuyer's fee
£120,000£3,000
£200,000£4,000
£450,000£9,000

How fees work

Tell me what you're buying and I'll send what fits.

Register what you buy