Property Options is looking forward to 2015, after a very successful 2014.
Our new office at 384 Gloucester Road Bristol, BS7 8TR is going very well. We are all settled in now and have had a very good response to our new location.
It is of course Bristol’s very first Rent to Rent lettings agency – it all feels very exciting and everyone who comes to see us feels the energy!
Since the new office has opened we have attracted new landlords, wanting to let their properties through us. As we help them manage their investment and keep it in good order, this also ties in with and helps to build the Rent to Rent side of the business. It’s one of those wonderful win/win scenarios.
Rent to Rent and Mentoring
In fact the Rent to Rent strategy is going from strength to strength. Linking in to our mentoring scheme, we are now taking on more mentees starting out with rent to rent strategies. Our current mentees are all building up their own property portfolios successfully, some of them have already reached a monthly income of £2000- £3000.
Of course, rent to rent is not the only option within our Mentoring Scheme – and those focusing on flipping property are also doing very well.
We have sourced a number of new properties ourselves and several of them are now ready to be flipped on in the new year.
We have purchased a number of HMOs in 2014. One current project involves a property which was bought for £250k, needing some work and development – the refurbishment will be completed very shortly. The property is now valued £600k, with rent income of excess of £7k per month – a great return!
Our sourcing section is also going strength to strength, please Contact Us if you want to sell or looking to invest in property.
New Courses – Coming in 2015
We will be running few one day courses next year, more details will be released through our regular email newsletters – so do sign up to be the first to know.
For further information and advice contact Del on 07836 558 206 or email [email protected]
The Property Options Team