2-bed house, Halifax
Mid-terraceStandard 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.
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
Buy-to-lets
Single houses and flats with a tenant in place. Mostly freehold terraces and semis.
HMOs
Let by the room. Licence, room rents and occupancy all in the pack.
Blocks of flats
Freehold blocks sold as a whole, usually with most or all of the flats let.
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.
A tenanted property is only as good as the tenancy. These go in every deal pack.
Three years in is a different risk to three months in.
I ask for the rent history, not just whether they're paying this month.
Working professional, family or students. Each one rents differently and stays for different lengths of time.
Under market means room to grow. Well over market, and it might not last.
Property type, areas, budget and how you fund it. Two minutes.
A deal pack for each one: photos, rent, tenancy details, comparables and the yield.
Pay the reservation fee and it comes off the market for 12 weeks while your solicitor gets going.
I stay on it with the vendor, both solicitors and your lender until it completes.
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.
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.