Deals — Property Owl

Available Property Projects

Project type: Social Housing

Location: Caernarfon

Total funding required: £85,000

Start of loan date: Immediately

Length of loan: 12 months

Interest offered: 10% APR - Returned at end of loan

Current funds raised: £50,000

This is a very cheap property, although not in the best area, it’s still a great find.
I have a 5 year social housing contract confirmed with Ready Homes and the Local Authority. So following its renovation, I will not touch the property for 5 years. Ready Homes will pay above market rent regardless of voids, manage all maintenance and pay for any damages in the house.
Local comparison sold properties average around £140-150,000. So upon refinance at the higher value, I should extract all the cash invested and perhaps more.
Purchase = £58,000
Renovation costs = £20,000
Acquisition costs = £7,000
1st Strategy - Social Housing contract fixed in place.

2nd Strategy - This is not entirely needed due to the social housing contract but local comparisons have sold for £140-150,000. Although this property is on the rougher side of the estate, there is good margin to sell at a very good profit.
To be purchased and renovated in cash.
Following the renovation and the social housing tenants are in, I will refinance this property to its higher value. This will pull out all the money invested (and likely more) and your loan will be returned to you with interest. Ready to roll on to the next project to earn a 10% return year on year, if you so wish.
£25,000 at 10% APR for 9 months = £1,875 interest returned
£50,000 at 10% APR for 9 months = £3,750 interest returned
£85,000 at 10% APR for 9 months = £6,375 interest returned
Facility Loan Agreement
Personal Guarantee
*A charge against the property is possible if funding the entire deal
*Optional weekly group Mastermind call to learn more about property investment (normally £120pcm)
*Optional site visit to the property project during renovation

Project type: Residential Buy and Flip

Location: Amlwch, Anglesey

Total funding required: £106,000

Start of loan date: 14th December

Length of loan: 12 months

Interest offered: 10% APR - Returned at end of loan

Current funds raised: £25,000

A straightforward flip.  
A superficial renovation throughout.  
Local sold comparisons = £140,000.
Purchase costs = £78,500
Renovation costs = £20,000
Acquisition costs = £7,500
1st Strategy - With a total spend of £105,000 and local comparison sales at £140,000, there is a healthy margin for a profit and to return your loan.

2nd Strategy - If for some reason the property didn’t sell, although unlikely, the property would be refinanced onto a buy-to-let mortgage and will be added to Property Owl’s portfolio.
To purchase and renovate the property in cash.
Your loan would be returned following the sale of this property. Or refinance of property.
£25,000 at 10% APR for 9 months = £1,875 interest returned
£50,000 at 10% APR for 9 months = £3,750 interest returned
£106,000 at 10% APR for 9 months = £7,950 interest returned
Facility Loan Agreement
Personal Guarantee
*A charge against the property is possible if funding the entire deal
*Optional weekly group Mastermind call to learn more about property investment (normally £120pcm)
*Optional site visit to the property project during renovation

Project type: Retreat/Holiday Development

Location: Carreglefn, Anglesey

Total funding required: £390,000

Start of loan date: 1st February

Length of loan: 12 months

Interest offered: 10% APR - Returned at end of loan

Current funds raised: £100,000

A rural retreat and holiday complex development. With 4 separate units. The site is situated on a higher part of the island with 360 views and dark night skies.
It is to be converted into an 8 bedroom Chapel with rooftop yoga studio and spa facilities. A 3 bedroom Chapel house with hot tub. A 5 bedroom Schoolhouse with hot tub. And conversion of the workshop and garage to a disabled-friendly 1 bedroom apartment .

Total retreat complex could hold up to 60 people across the 4 units.
All of which is subject to planning approval, but planning consultant has been very optimistic and meets several criteria to be used for holiday accommodation.

The purchase is subject to a positive response to a pre-planning application. Following the purchase, Property Owl will apply for full planning.

Purchase: £350,000
Acquisition costs: £40,000.
Development finance: £800,000.
End value of site estimated to be £2,000,000.
1st Strategy - Develop site, refinance and run as large holiday let and retreat space.
2nd Strategy - Sell on as individual units to investors.
3rd Strategy - Sell site on once planning is approved for quick profit.
To purchase the property in cash.
Use development finance (from a bridging lender) to convert each unit one at a time.
Then refinance each unit once completed on a holiday let/commercial mortgage to extract cash.
£25,000 at 10% APR for 12 months = £2,500 interest returned
£50,000 at 10% APR for 12 months = £5,000 interest returned
£100,000 at 10% APR for 12 months = £10,000 interest returned
£390,000 at 10% APR for 12 months = £39,000 interest returned
Facility Loan Agreement
Personal Guarantee
*A charge against the property is possible if funding the entire deal
*Optional weekly group Mastermind call to learn more about property investment (normally £120pcm)
*Optional site visit to the property project during renovation
*1 week free stay for 2 people for the grand opening