Case studies: Bridging and Buy-to-Let investment opportunities in the North East
As part of our introduction to our new BDM for the North East, Chris Dolan, we’ve been looking at the opportunities in the area for property investors, including potential for high rental yields and realising profit quickly through renovations.
Here are some examples of recent deals we’ve been completing in the region.
Loan value: £60,000
Experienced portfolio landlord purchased a terraced house on a 2-year fixed rate.
Loan value: £97,500
Portfolio landlord looking to release funds from an unencumbered property to purchase further Buy-to-Let properties.
Loan value: £178,125
Purchase of a HMO close to Newcastle City Centre.
Loan value: £90,000
Standard property purchase with the intention of converting it to a HMO at the cost of £7.5k over three weeks.
Stockton on Tees
Loan value: £67,500
A bridge-to-let loan looking to capital raise against an unencumbered HMO property to finance investment in other projects.