Finders Keepers

Inspired Sales & Acquisitions

Case studies - residential property bought for clients

Case study 1

Brief:

  • A current client had sold a property abroad and was looking to invest in Oxford, specifically in the Summertown area. They wanted it to be a freehold property.

Acquisition:

  • We acquired this 5 bedroom, 3 bathroom new build family home, situated on Water Eaton Road with rear mooring.

Our rationale & service:

  • The property had been on the market for some time, meaning we were in a strong negotiating position. After lengthy discussions with the developer we managed to secure the property with a substantially reduced price from what it was marketed at. We collected the keys on Friday and by the Monday we had let the property for £3500pcm.

Result:

  • Achieving a property of this size in Summertown for the price we agreed is rare, the landlord is achieving a good return, but is instantly achieving capital gain.

Case study 2

Brief description:

  • This client wanted to invest funds from a house sale into a portfolio of properties. The investor wanted to focus on yield and long term capital growth.

Acquisition:

  • An existing client wanted to sell this small development in the centre of Bicester, it consists of two 1 bedroom properties and one 2 bedroom property. The development is less than 5 years old, with allocated parking and within 5 minutes walk for both Bicester Village train station (connecting to London Marylebone and Oxford) and Bicester Village retail centre.

Our rationale & service:

  • The development was sold in one transaction, all three dwellings had tenants in situ, and so on the day of completion the landlord was earning 5.3% return. The client selling was also achieving rent up to the completion date. Bicester is a key area of growth in Oxfordshire, it's important that what you purchase holds its value. In general terms something that is unique and in a great location for local employment will ensure this happens.

Result:

  • Client purchased a unique development with tenants in situ, and an over gross yield of 5.3%.

Case study 3

Brief description:

  • A large scale investor wanted to secure a development.

Acquisition:

  • A development of 7 apartments, all with allocated parking and electric hook up for electric cars.

Our rationale & service:

  • This scheme was purchased off-plan 18 months prior to completion. The properties never hit the open market. The client also was able to have some influence in unit sizes, specification and finish. We added the electric charging points for each car parking space as the advanced technology is something that tenants are looking for.

Result:

  • The prices of the individual apartments had increased in the 18 months from the agreed sale and completion. The investor also has the added benefit of owning the freehold of the properties. Due to our connection with local development companies this is an option we can provide to those high net worth investors.