How Much This £180k Investment Property Makes Per Month 🏠

[@cindland]

You this are getting so good at this! So professional, relaxed, informative, and a huge dose of charming. You’ll be ready for your own tv series soon.

[@PropertyCouple]

Imagine........

[@bkm2797]

Great job Ach and Lia, sounds like it was worth it in spite of the challenges. You both sound so professional, I like it.

[@michaelmullard4292]

As soon as I heard that you had applied for what we would call “re-zoning” of the property, I imagined that dealing with that would have been a nightmare as it is here in the US! Lessons learned!! Fortunately it all worked out for you guys.

[@PropertyCouple]

Appreciate the support Michael! Hope you are well.

[@crinkle2649]

Off topic, Lia, that sweater color is beautiful and looks fantastic on you

[@PropertyCouple]

Oh thank you!

[@BlessedPetrel]

Such a beautiful couple and great content. Keep up the good work 👏

[@fivestars9285]

Great video, it worked out well at the end, well done. I'd try to find other uses for those rooms that can't be rented out as bedroom - A cheap office for a freelancer, additional storage for a local business, a meeting room, a community room... If you apply yourself, I'm sure you find a suitable use and added income.

[@kristingomez6801]

I can’t believe this one is finally completed!! It was a tough one. Well done!

[@wisefactoring]

These videos are great, so well explained and full of value. You are really great presenters and come across as really nice people. Congrats on the deal 👏👏👏

[@PropertyCouple]

Thanks for watching!

[@MARKB3946]

Such a beautiful building. I'm so happy for you two that with the way everything started out, you have turned it into a positive cash flow property that is helping to build your very bright future. 💯

[@PropertyCouple]

Thank you Mark!!

[@KatieScoot11]

Fabulous job! So glad it is working out for you both!

[@PropertyCouple]

Appreciate the support!!

[@fa6534]

I’m so proud of you guys, especially Lia. Coming for J&L to seeing her thriving despite Joel doing her dirty is pretty awesome

[@LlyleHunter]

Lia always did all of the legwork on that channel

[@leodass]

You guys are lucky to have many challenges. It was a good learning lesson. In the end ,you guys are the winners.

[@GETurn77]

Still very much learning themselves but already so knowledgeable and great to inform and often teach us as they go. Thank you and good luck. The best part about watching them is there is zero ego. So chilled and cool fun couple with their heads screwed on.

[@PropertyCouple]

Really appreciate that thank you! Yes just learning as we go and sharing the bits we are doing

[@opentrail]

Well done. Now it’s leased to the council Is it classed as an HMO or not? Couldn’t find an 8 person HMO on the council lists in Grimsby. Just wondered if you still needed the HMO license before the council took it over.

[@brogantatexo]

What a great video! So interesting 👏

[@PropertyCouple]

Appreciate it!

[@bethwerve282]

I'm so glad it has worked out well for you in spite of all those obstacles!

[@PropertyCouple]

Thank you

[@bethmeredith]

So glad everything worked out nicely on this property and thanks for sharing.

[@jawadali6853]

Well done you two. Liked and subbed. Very useful tips and info. Thank you 🙏

[@joannebaker4925]

I'm glad it worked out nicely for you guys, Congrats 🥰 but that squatter story was a hoot.

[@johnhelwig8745]

I love watching you bring properties to life. Glad this property was a success. Just curious, do you have partners from the US? Grimsby... that's were Laurence Brown from Lost in the Pond is from.

[@donniebrooks21]

Interesting on how it is doing and twist with you working with the local council. What you call surveyor in the UK, we call appraiser who determines a property’s value. Her int US, Surveyor deals more with land issues and establishing property boundaries.

[@JohnandCaraRetiredTravellers]

Outstanding! Loved this project. I still am in awe of the reasonable renovation cost. In the US I can’t imagine it being so inexpensive. Congratulations guys keep it up! ~Cara 😊

[@PropertyCouple]

Thanks so much Cara!

[@marklewis3023]

Out of interest, why didn't you give it to Serco or Mears Group? They would then manage the property & you save your 12% management, they also cover all maintenance and you get the property back in the same condition you gave it.

[@kristyh1111]

So happy for you both, Lia! You’re follower from Tennessee, i normally engage on instagram! 🎉 cheers xx

[@ddkeech1]

Enjoyed! Love how far you two have come❤❤❤

[@Wake-Up-Everyone]

Great Content. How do you get the local council to look after your HMO property? I wish you would have elaborated on that.

[@hummit]

Excellent video! Keep them coming!

[@PropertyCouple]

More to come!

[@JonnyKahann]

Thank you for sharing guys!! Amazing project and even better numbers. Just got a few questions: 1. Was there no interest added on the investor finance and did you use bridging finance as well? 2. Will you be able to remove the management fee as the council is already managing on a social housing basis? 3. Does all the cashflow go straight into paying off the mortgage for 2.37 years? Thanks in advance

[@ibrahim_sultan101]

His calculation is inaccurate, they need to repeat their GCSE maths 😂

[@Aku690]

Cool vid, like the detail. For the size of the mortgage and the repayment, this must be an interest only mortgage right (20 years it seems)? That means you still have 296k to pay off at the end of the loan. Shouldn’t this be factored into the ROI figures?

[@ibrahim_sultan101]

Exactly, his calculation is inaccurate, it would take at least 20yrs at £21k PA for the property to repay for itself.

[@ABurbanhomes]

Excellent video!! Can I try your property analysis spreadsheet?

[@cynthiaspengler5123]

Will there be a tour of the finished renovation?

[@diannawix6879]

Good Morning lovelies from South East Florida 🌴💕💕 Happy New Year

[@sandraagyekum8787]

Amazing video as always! Do you mind sharing how you get this long lease with the council. Thank you 🙏🏾

[@tobia7611]

Great video guys, thanks for sharing and really enjoy all your content! Out of curiosity, did you explore making your offer subject to planning?

[@WDR_66_Short-Term_Stays]

Fantastic! You mentioned using investors for the purchase, how did you finance the refurb?

[@JILANI786786]

180k for a 10 bedroom detached property! Are you guys kidding me, that is a BARGAIN and i think you guys knew you were getting a bargain hence the additional up lift

[@liam-n8098]

Definitely low balled the vendor LOL

[@jimboyuk1]

Except it wasn’t 180k . They paid an additional sum after the refurb was complete: the title is a bit misleading.

[@tf2368]

@@jimboyuk1 yeah they paid tens of thousands over the valuation and they call this a win

[@SevenKnights1400]

Very good and comprehensive video but you left one aspect out which is what was your deal with private investor. And what stage you moved from private investor to mortgage.

[@mirzataimurii]

Good video keep it up

[@vvwalker7261]

Great deal, well done 👍

[@PropertyCouple]

thanks for watching!

[@incoming90ify]

Hi I'm from grimsby who did you speak to in grimsby council about renting it to them

[@SlackHoffman]

So have you filled it with serco tenants? Out of interest ? I’ve looked into this so would be interested to know ? Cheers

[@cr3ldnbarber569]

where do you find the investors for property deals?

[@theamicablemandarin]

Love the videos ❤ Is there a link for the excel sheet? Thank you

[@razzberrylogic]

Super informative video with lots of useful tips. When and how much will the investors who provided the cash for the initial purchase get paid?

[@jimboyuk1]

Well done on making that work. Great cash flow but something to consider, with your total outlay spent you could have bought a 2 bed flat in London with similar yields without the hassle of 8 beds to manage at some point down the line:

[@ashleyspencer3664]

Would you not consider a PLO? Did you also claim capital allowances against the commercial? Assume 5% Vat was paid on the refurbishment.

[@sanakhwaja6177]

Where to get property education please?are these leasing properties?

[@privateprivate2421]

How come you didnt use bridging finance to buy and used investor money instead? Also, its very hard to get a property back from the council. How do you find a good managing agent as they are very rare.

[@neds3685]

- Are there any project tasks you can get started whilst waiting for your planning permission to get accepted? As a means to bring forward the project completion date, and otherwise paying the lender whilst doing nothing. - What minimum size did they require per bedroom? - About the flood risk - was this not flagged up by the environmental risk search during conveyancing/survey? Great content - do you host London-based networking events?

[@GenaF]

Interesting. No idea why I was shown this video but it was fascinating.

[@PropertyCouple]

Nice!

[@crinkle2649]

So did "Michael" get one of the rooms 😄

[@TheKing-tl8si]

I prefer these sort of prpertys

[@pedrotejero6828]

Thank you very much for sharing. Do you pay VAT for the management fee?

[@PropertyCouple]

we do yes

[@CathyMiller0711]

Property investment is not something I am ever going to do however, I find these projects and your videos so interesting!

[@PropertyCouple]

Appreciate the watch glad you found it interesting!

[@PropertyCouple]

Not missing out on much, just return on money invested of 42%......

[@Jw10395]

Hi, how did you get the deal with the opportunity to work with the council on Social housing?

[@jimboyuk1]

Most councils have a social housing department looking to rent properties from landlords. They takes on all the costs for long term let’s but at reduced rates

[@fayetarajcak8799]

This is an interesting channel for people who are looking for properties. I just wish that you guys would have a personal channel because we all fell in love with you two on Lia’s channel. I just wish you would finally have a new channel that would be just you two without any property talk. I miss seeing your real life. Please get back to that. You could name it PC Just us. Some of this has nothing to do with a lot of people from other countries and are only applicable to the UK.

[@dominicgilbert519]

You guys are amazing. I've just completed a 5-bed hmo conversion in Bolton. How long did it take for you guys to fill the 8 bedrooms after completion?

[@PropertyCouple]

Well done! We filled them pretty quick to be fair as we did a social contract.

[@dominicgilbert519]

@@PropertyCouple another quick one: is your contract with Serco / Mears on the asylum seekers? Are you not concerned about the high probability of damage and the horror stories that Serco / Mears do not address any issues and high turn over of staff / inability to get issues resolved?

[@leefr76]

Informative video. For my understanding, why did you take out a mortgage to refinance when you already owned the property?

[@PropertyCouple]

To pay back investors and their interest.

[@aia6584]

Hi just curious - When you say 24 HMO units, do you mean actual HMOs or like rooms in these HMOs?

[@ibrahim_sultan101]

I think he means 24 rooms in HMO properties, probably spread over 4-5 properties, they are faily new landlords..

[@m77ast]

you didnt show how you calculated the refurb

[@sadiqmiah9844]

Hey, can I get hold of your spreadsheet please?

[@ibrahim_sultan101]

You gave the vendor extra money after renovation/revaluation, shouldn't you adjust your purchase by the extra cash you had to pay the vendor? It wasn't £180k

[@PropertyCouple]

It was added into the costs.

[@dwjudd]

Do you share your spreadsheet?

[@PropertyCouple]

On the mentorship yes - however, I may share this with the newsletter group at some point!

[@KnowledgeSeeker999]

I want to buy a property in that area, no loans nothing… can you we speak? I will pay you a consultation fee.

[@PropertyCouple]

Please fill out a form on our website.

[@davedavids2231]

I don't see it. You've tied up 180 on buying 160 on refurb and further buying. So 350 and your returning 20k a year. That's 5%. Doesn't seem good at all

[@PropertyCouple]

Not sure you have understood the numbers correctly. Check the ROI calculation.

[@jimboyuk1]

The ROI is on their money left in after remortgaging. 75 % of the cash comes from the mortgage.

[@adielstephenson2929]

This sounds like an absolute nightmare and a total mugs' game. My advice is to avoid these kinds of projects like the plague. They will suck away your time, your money and your sanity.

[@tf2368]

This makes no sense, you paid 45k over the valuation. Barely broke even after the works.

[@PropertyCouple]

🤦‍♂️

[@369dabbler]

Smoke and mirrors

[@timtaylor937]

£180k valuation followed by a £395k valuation 😂😂😂 Who is this “valuation consultant” of yours, your brother? You 2 should be ashamed of yourselves, butchering a beautiful historic house like this for profit! When did being avaricious like today’s popcorn landlords become so acceptable in British society?

[@datingandlifeadvicechannel7534]

Stupid strategy 😂short let’s make much more money

[@datingandlifeadvicechannel7534]

You are using your investors money how do you find investors money 😂😂😂

[@PropertyCouple]

What gave it away? Wonder if it was anything to do with the fact we refer to our investors in most our videos… 🧐

[@alimirza3442]

What's wrong with your eyes darling