05/06/2026
Property one completed. Yay 🤙
This is the first of two properties purchased by clients who recently retired.
They worked hard for the last 30+ years
But had little to no retirement pot.
So after being referred by one of their family members, we've created a plan to have them acquire 2 properties over the next 3-6 months with a limited budget.
So they can create a supplementary income alongside their pension.
This property was bought for £67,000
And with a light refurb (£4k), its expected to rent for £625-650 per month.
We have 2 letting agents collaborating on this.
Our typical agent who will manage the property and a local agent who will complete the tenant find.
The local agent already manages several properties on the same road that is in a lower standard and rents for more than £700 pcm.
So we may even get more than we planned for our client.
The biggest take-away for me...work with those who adopt a collaborative and abundant mindset.