Giuseppe's Projects and Portfolio
As well as training and mentoring Giuseppe actively builds and manages his own property portfolio, often adding new properties weekly! Here you can see some of his latest projects.
Project Galileo
This 2 bed flat refurbishment was purchased using bridging and turned around in just 3 weeks!
Purchase Price
£72,500
Work Cost
£6,000
After Renovation
£90,000
It’s a 2 bedroom flat in need of refurbishment and we turned this around in 3 weeks. Property was not in nice conditions, but with the help of our wonderful team we managed to bring it back to good standards. Kitchen was okay, but we will replace it in the near future.
We also had storm Arwen which destroyed completely our garage/shed in the garden.
Once advertised tenants moved in within a week with a rent of £670 pcm.
Project Firmino
This 3 bedroom semi-detached house has been abandoned for many years. Contacted the owner living overseas and decided to do a 50:50 Rent to Rent, where we share both costs and profit!
Purchase Price
£78,000
Work Cost
£15,000
After Renovation
£150,000
Work required: full rewire, new bathroom, new flooring throughout, new lighting, new garden, painting and decorating
Work done so far:
Full rewire completed, Garden completed, Painting and decorating in progress, bathroom stripped out
Two possible exit strategies:
1. Sell - this will give a huge profit
2. Put a mortgage on and rent for £800-850 pcm. Once remortgaged, this will allow to get about £112k to invest in 4 more properties (with mortgage) or one with cash (and do it again).
Project Andromeda
We sourced this deal for an investor and we also managed the renovation project. The tenants moved in 4 days after completion!
Purchase Price
£71,000
Work Cost
£8,000
Rent
£660pm
Work completed:
New bathroom, new flooring, new lighting, new plumbing and general refurbishment
ROI:
After costs: 25.16%
After refinance: 50.1%