A designers' relocation dream to London
Tall order renovation property
Two extremely busy globetrotting North London fashion designers wanted to source their dream country cottage as a renovation project. Having already spent over a year searching in their spare time and losing out in several vicious bidding wars they finally threw in the towel and called in the professionals. Their remit was a Georgian rectory, but we quickly convinced the ambitious couple that their budget simply wouldn't stretch. And after much effort in getting both parties in the country at the same time, we found two cottages that could be knocked together in a wonderful hamlet close to Lambourn in the Berkshire Downs. We picked up the keys just in time for our clients to hang a Xmas wreath on their new door. They said that once they have cut their teeth on this property, they are coming back for us to find that rectory!
Instructed November 2006
Completed February 2007
Buy-to-let property investments in Hertfordshire
Auction success for Watford designers
Our clients run a busy design company and want to build up a long term portfolio of properties, which need to produce good rental income. Having looked at traditional buy-to-let properties themselves, they realised that the rental yields were not achieving more than a five percent return. So when they appointed us, we threw away the rule book and looked at it creatively. We went to auction on their behalf and successfully bid on a fully tenanted six studio apartment property Tenancy agreements were in place with income at £41,000pa. We purchased at £400,000, with the property being valued at £460,000 if it was converted back to a family home. We sourced and appointed a management company for our clients and advised a rent increase of 10 percent and an internal re-configuration to maximise future income.
Instructed October 2005
Completed January 2006
