Property sourcing, refurbishment and property management in Widnes, Liverpool City Region

@homesureproperty What buying your investment properties outside of the city centre – and working with a local sourcing expert – can get you. If you want to add properties like this one to your investment portfolio, book a free investment consultation with us today. Homesureproperty.co.uk #widnes #investwisely #propertyinvestmentadvice #propertyinvestmentuk #propertyportfolio #propertyinvestmentspecialist #liverpoollandlords #liverpoolbusiness #liverpoolproperty ♬ My Way – Calvin Harris

The client:

• Is a cash buyer
• Had disposable income sitting in his bank account and wanted it to work harder
• Splits his time between France and the south of England but decided to invest in the Northwest, where his funds would go further
• Didn’t have the the time, or the local area knowledge, to travel up north and find a property

The brief:

• Find a rental property for a great price, in an area with high rental demand, that will yield consistently high returns

The story behind Radnor Drive

This gem of a property was on the market for £100,000, in an area where most of the properties are around £200,000.

It’s a great family home, with off-road parking, three bedrooms and a large back garden. It’s non-standard construction (which, contrary to popular belief, it is possible to get a mortgage on) but that didn’t matter to our buyer, who was paying cash.

• Minimal work needed
• In an area where prices are on the increase
• Very close to a high school rated ‘outstanding’

Because of our area knowledge and experience, we were able to find this property and manage the refurbishment. When a family moves in, they’ll undoubtedly stay for the long-term because:

• fantastic family homes like this one don’t come up often
• the property will be managed by Homesure, ensuring that it’s regularly inspected and proactively maintained

Our client spent money to source and ideal property, through an experienced fellow-landlord with local knowledge and a vested interest in the local community (that’s us), setting himself up for long-term success.

The numbers:

• Purchase price: £100,000
• Refurbishment costs: £3,700
• Annual rental income (paid upfront): £10,500

Property sourcing by Homesure Property

You’ll find plenty of people online offering to source property in Liverpool City Region on your behalf. Before you decide who to opt for, ask yourself about their credentials AND their motivation.

• How long have they been in the property market?
• How many mistakes will they admit to having made, and learnt from, along the way?
• How invested are they, in the area the area where they’re sourcing your property?
• Do they have a track record of happy customers, who have experienced the outcome you’re looking for?
• Are they equipped to support you if things don’t go as smoothly as you both hope – unanticipated costs arise, circumstances change, etc?

As individuals and as a company, we’ve been invested in the Northwest property market for 20 years. We also manage thousands of properties on behalf of other investors, and we invest more than just our money into our local communities.

At Homesure, we know that property investment is only successful when everybody wins – the landlord, the tenant and the community – and we want to support you, and your tenants, for the long term. Property sourcing is one step on the path to investment. We’ll be with you for the journey.

Take the first step: book a free, no-obligation property investment consultation with our director.