Posts Tagged ‘portfolio’

Another day another property sourced

October 28th, 2009

One of the great benefits of sourcing well discounted properties is that we get to keep some deals for ourselves if we like. Today we have decided to keep a 2 bed flat in Morecambe, Lancs at 36% BMV which will cashflow £200 pcm at least.A great result we feel.

We’re currently working on buying one a month, having completed on a 2/3 bed house in Nelson in September, got a great 3 bed semi going through in Manchester at nearly 40% BMV so we’re on track. We’ll need one more before Christmas when things will calm down a bit.