π‘ 15k Below Market Value in Darlington DL1 Secured for a client this week π
This one is exactly why I stay hyper focused on the North East.
Β£74,000 purchase
Β£650 pcm rent
10.54% gross yield
Cashflowing from day one
No refurb needed
Already tenanted
And the best bitβ¦
We bought it over Β£15,000 below market value.
That does not come from scrolling Rightmove.
It comes from:
π Knowing the streets
π€ Long standing agent relationships
π Trusted local trades
π Running numbers properly
π Being the first call when something off market pops up
This is what I do for busy professionals.
I help clients build buy to let portfolios in the North East that:
β Stack monthly income
β Are fully managed
β Are sourced below market value where possible
β Are boring in the best way predictable and steady
β Do not require them chasing builders or tenants
Quick tip for investors reading this π
Do not just chase headline yield.
Look at:
β’ Actual rent being achieved
β’ Tenant demand on that street
β’ How easy it will be to re let
β’ Whether the deal works with zero refurb
β’ Who is managing it day to day
That is where long term wealth is built.
If you are a UK professional thinking about building a hands off portfolio and want someone local on the ground doing the legworkβ¦
Drop me a message.
Happy to talk numbers and strategy ππ©
#PropertyInvesting #UKProfessionals #BuyToLet #HandsOffInvesting #NorthEastProperty #Darlington #PropertyPortfolio #Cashflow #PassiveIncome
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