18/10/2026
The proof is always in the pudding… 📈🏡
We don’t often share our valuation reports publicly because, naturally, they contain sensitive information. But every now and again, it’s good to show that we don’t just make the numbers up!
Here is the anonymised valuation from a block of four flats we recently purchased at auction in Paignton.
Purchase price: £472,500
New Market Value / GDV: £846,000 🚀
And the best part?
Aside from cleaning, replacing a few appliances and completely redecorating the exterior of the building, we’ve had to do virtually no work to the property.
Our total improvement costs are only around £20,000.
The real value has been created through the way we structured the purchase. Upon completion, we title split the building into four individual leasehold flats, which has effectively helped us nearly double the value of what we originally bought.
Once we include everything — purchase price, stamp duty, finance costs, holding costs, professional fees and the works — we expect our total project cost to be around £590,000.
Based on the new valuation of £846,000 and refinancing at 75% LTV, we can potentially refinance at approximately:
£846,000 × 75% = £634,500
Meaning, subject to the final costs and refinance, this should be an ALL-MONEY-OUT deal, with potentially another £40,000–£45,000 released on top. 🔥
So, in simple terms:
£472,500 purchase price
➡️ ~£590,000 total project cost
➡️ £846,000 valuation
➡️ ~£634,500 refinance
➡️ All capital back out + potentially £40k–£45k extra
All while retaining a fantastic four-flat investment property producing £16,000 in annunal NET cashflow
A brilliant example of why property investment isn’t always about carrying out huge refurbishments.
Sometimes, the value is in how you buy, structure and finance the deal.
And this time, the valuation report speaks for itself. 📊
