Track record
Built, not borrowed.
92 units across Scotland, London, the Midlands and the North West, assembled over fifteen years.
The portfolio
The portfolio started with one Glasgow flat in 2011 and now runs to 92 units — single-lets, two blocks of flats and six-unit HMO conversions. Scotland remains the core: 38 properties acquired for £3.66m, valued today at £4.76m.
Alongside it we run HMO conversions in the Midlands and North West, sourcing and project-managing on behalf of investors as well as for our own account.
Both blocks of flats were bought at auction in joint venture — twenty self-contained flats between them, acquired freehold and fully let for a combined £724,000. It is a route we know well and one we will run end to end for a partner: finding the lot, reviewing the legal pack, arranging the funding and bidding on the day.
| Holding | Acquired | Value |
|---|---|---|
| Scotland — 38 units | £3.66m | £4.76m |
| London — 3 units | £1.26m | £1.89m |
| England — 21 units | £1.06m | At cost |
| HMO conversions — 30 units | £914K | £2.29m |
| 92 units | £6.89m | £10.0m |
HMO conversions delivered
Five completed conversions across Derby and Warrington, each turning a three-bed terrace into six self-contained units.
- Purchase
- £169,950
- Valuation
- £450,000
- Money in
- £10,500
- Return on money in
- 185%
- Purchase
- £189,950
- Valuation
- £455,000
- Money in
- £26,750
- Return on money in
- 76%
- Purchase
- £202,000
- Valuation
- £450,000
- Money in
- £42,550
- Return on money in
- 46%
- Purchase
- £190,000
- Valuation
- £450,000
- Money in
- £30,550
- Return on money in
- 71%
- Purchase
- £162,000
- Valuation
- £485,000
- Money in
- None
- Return on money in
- All capital out
Projects funded and delivered on our own account. Figures cover the project itself and exclude our sourcing and project management fees, which are set out in full under Services. They relate to completed projects and are not a forecast of returns on any future project.
Walkthrough
Elaine Street, Warrington — the finished conversion
Scottish buy-to-let
Thirty-eight single-lets across Glasgow, Renfrew, Paisley and Lanarkshire, acquired from 2011 onwards and managed in-house.
| Property | Purchased | Value | Rent pcm |
|---|---|---|---|
| Bath Street, G2 | £104,000 | £150,000 | £952 |
| Ashby Drive, G13 | £100,000 | £150,000 | £845 |
| Croftend Avenue, G44 | £72,000 | £125,000 | £925 |
| Marmion Drive, G66 | £95,000 | £140,000 | £950 |
| Kinnear Road, G40 | £48,000 | £100,000 | £825 |
| 38 properties | £3.66m | £4.76m | £32,932 |
A selection of holdings. Full portfolio detail available on request.
Want the detail?
We'll share full figures, valuation reports and project costings with serious enquiries.
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