Sorren Property Solutions

13/10/2022

After one day of viewings and plenty of interest, we have this 2 bed flat rented within 24 hours AGAIN….😊

Please don’t go down the cheap route people!!!!

We were being advised to go cheap and increase the rent.

But,

A empty property due to being greedy and cutting corners on cheap products just don’t work in the long run.

Remember voids in properties as landlord’s cost you a lot more than earning another £50 a month and waiting for a few months for someone to potentially rent from you.⏱

We are now looking at new potential areas for Sorren Property Solutions to expand in the new year and increase our property portfolio.

04/10/2022

Our lovely 2 bed flat is ready for a new tenant.

If you are interested or know anyone interested please feel free to like, share or message us for more details.

2 bedroom apartment for rent in Lowestoft Drive, Slough, Berkshire, SL1 for £1,200 pcm. Marketed by Prospect Estate Agency, Maidenhead

29/09/2022

Hi all,

We have been very quiet recently regarding our adventure with properties.

So here is a little update on where we are and what we have been up to.

1. We refurbished our first BTL which increased the value of the property.

2. Increased the rental of the BTL and created a better cash flow of income.

3. Remortgage and refinanced the flat for a better interest rate - from 4.6% to now 3%.

4. Revalued the property from £188,000 to now £275,000.

5. Paid off existing (GOOD debt) that we used for investing (not BAD debt).

6. Sold our first residential flip that was supposed to be a 2 year investment but due to COVID it has turned out to be a 4 year investment that created a value of £300,000 profit.

7. Reinvesting £300,000 into another 4 year investment.

8. Potentially buying a new property below market value and selling our first residential above market value (we were advised to sell a lot lower but good old Sofia stood her ground and knew exactly what it’s worth and got what she wanted.

9. Managed to get a new mortgage rate from 4.6% down to below 3% which means lower mortgage payments but a bigger mortgage.

10. Waiting for moving in date for our next adventure - BUY, REFURBISH, REVALUE & REPEAT.

03/05/2022

Please share this post 😊

A huge thank you to Wallice the owner of the Colnbrook Riverside Cafe.

She is truly amazing and so lovely.

If you are near by please donate any money or spare change that you have, as they have a great charity that goes back to Ukraine 🇺🇦

Wallice has agreed to advertise our company that specialises in to help keep all operators and drivers

In return 2B Compliant will be giving £50 back to this great cause on every sale generated from this cafe 😊

05/03/2022

We are so buzzing right now….

It’s that time when property investors and developers love.

🏚 Refinance Time 🏡

Now the property has had a complete refurb, Our aim is to take out capital for the second time so we can reinvest into another property
B - Buy
R - Refurb
R - Refinance
R - Repeat

Fingers crossed the valuation comes in ok!

Darren Matthias Sofia Matthias

17/12/2021

Such a lovely message from our new tenant! 🥰 Another reason why we do what we do!

15/12/2021

Rental offer accepted after 1st viewing at full price✅🏘

***Summary***
• Decided to not sell our BTL
• Invested £6k
• Refurb to a high standard
• Revaluation of an increase of £25k
• Duration of the refurb 2.5 weeks
• Profit of £19k to reinvest into another property

***What people tried to advise***
• Sell and pay tax on profit
• Don’t spend much to refurb
• Does not need to be fully furnished
• Low spec finish is all we need to do

If anyone else’s would like to do what we did and not listen to what we were advised ( by so called letting experts) get in touch 👍🏻

Our aim in the next few years is to do this 4 to 8 times a year, if not more

18/11/2021

Progress on the BTL renovation…! On track to be finished next week!

12/11/2021

🏚The famous Sorren Properties wall is getting there.🏡
- Wall feature 🪚
- Down pipe grey 🎨
Darren Matthias

08/11/2021

It’s so lovely how tenants leave your property! Plus broken chair legs! Everything was new prior to them moving In 3 years ago! So glad we were planning on a complete refurb anyway! Plus side they always paid and never had issues with that. Let the work commence!