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NEW DEVELOPMENT – MONTEFIORE ROAD, HOVE

Things are hotting up, we have exchanged on another property for our investor, with completion set for this Thursday.⠀

Montefiore Road, Hove:⠀
A mixed use building in central Hove, close to Seven Dials & St Anne’s Wells Park. Planning has been granted to convert the premises into a residential C3 dwelling. The intention is to convert the property under class G & M into either 3 x 2 bedroom apartments or 1 x 2 bedroom apartment and a 5 bedroom professional sharers accommodation HMO unit.⠀

Located on the Brighton &; Hove border in an extremely desirable residential location, with excellent bus routes, access to St Ann’s Wells Park and within a short walk from Brighton Station via Seven dials, this area is considered an A class location for our selection criteria. The tenant demand would be mainly working professionals.⠀

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NEW DEVELOPMENT – ALDWICK ROAD, BOGNOR REGIS

We have exchanged on our latest property with completion on the 18th Feb!⠀

????????: Aldwick Road is just outside the main town centre of Bognor Regis and the street consists of various retailers and restaurants. The seafront is a short walk away.⠀

???????????: currently the property comprises of an extensive vacant ground floor retail premsies, which is selfcontained, accessed to the right of the property across the upper parts is a 5x bed HMO with a good sized garden.⠀

We have ??? plans for this property, with a number of proposals currently being worked on, ready to go in for planning.⠀

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CENTURION ROAD – SUCCESSFUL ROI

Centurion Road, Brighton- Target Five sourced, designed and redeveloped this property for our returning investor.⠀

The property was originally a 3 bed family home and is now a stunning 6 bed with 3 shower rooms. The property has been finished to a high specification and the interior design was undertaken by the T5 team, to create a top end coliving rental property.⠀

Purchase Price: £450,000⠀
Build Costs: £70,000⠀
Furniture: £6,000⠀
Refinance: £625,000⠀
Rental Income: £36,396⠀
ROI PA: £6.9%⠀
or combined YR 1 26%⠀

We really loved this project as the interior finish was our bold first step away from the grey!

To find out more and how we can find the right property investment for you, please contact us through the contact button or email information@targetfive.co.uk

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RINSE & REPEAT

It is relatively easy to find one good property – the challenge comes with a consistency of product and a cohesive portfolio. As every start-up is asked, “It’s a great idea but is it scalable?”. Once you have a scalable property strategy then things become interesting. ⠀

You can define your approach, your rental or sales market and get your refurbishment package and team together. Then sort out your finance entry and exit, with multiple options and you are away!⠀

You can then build relationships and repeat it. Rinse and Repeat. The great thing is with a successful refinance model, only a small portion of your initial investment is left in. Target Five have been following this buy, refurbish and refinance model ourselves and for other people for 8 years. We have completed more than 200 of these type projects and our record is second to none. We focus on areas that we know and with finance partners we have used before. ⠀

T5 have just started a crowdfunding raise for one of these properties and would love to take as many as possible on the journey. To find out more please visit https://buff.ly/2Dzud6O).⠀

Investment in property related assets puts your capital at risk and returns are not guaranteed. Please read the full risk warning at https://buff.ly/3cXqsWh before deciding to invest. Past performance is not a guarantee of future results.

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Buying Below Market Value

I have always disliked BMV as a concept. For too long, it has been the focus for so many training companies and has become people’s strategy, essentially buying anything as long as it’s cheap. Exploiting people’s situations for profit, but also buying in a haphazard way without any real strategy. Basically: lose-lose. Sellers feel short changed and buyers end up with a hotpotch of properties without any unifying goal or aims (as well as being impossible to manage).

BMV is coming about though in a way that is win-win. There is turbulence at the moment and where there is turbulence and uncertainty, then comes buying opportunity. Some people are nervous and exiting the market voluntarily, having made money on their properties. Many long-term landlords are voluntarily exiting. This creates an arbitrage opportunity and where, potentially, the real value is to be found. This means that we are now seeing the chance to buy great quality, central properties in our chosen area with great value. A win for all!

T5 have just started a crowdfunding raise for one of these properties and would love to take as many as possible on the journey. To find out more please visit https://www.leocrowdfunding.com/property/detail/west-buildings-hmo-development-by-targetfive-t5 or on our Opportunites page.

Investment in property related assets puts your capital at risk and returns are not guaranteed. Please read the full risk warning at https://www.leocrowdfunding.com/riskbefore deciding to invest.

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We often get asked how we find our new investors

We are proud to say that our existing investor clients have all come from recommendation or referral from clients who have invested with us and had proven results on completed projects where the target returns were met or surpassed.

It is not however always a fairy-tale ending and we have had our fair share of less successful projects too, but we feel it is a testament to our tenacity, resilience and consideration of an exit strategy that our clients continue to return to us and recommend us to friends, family and colleagues. Our model for conversion of large residential properties to form higher density houses of multiple occupancy to potentially achieve our clients desired yield return figures, has proven to achieve great results more often than not. You can see an example here https://www.leopropcrowd.com/property/detail/case-study-western-road-littlehampton-by-target-5 

Our client base has grown naturally since we founded in 2013. It is only recently that we have begun to promote our services and begin discussions with new and unrelated investors. We feel that our unrivalled knowledge and experience along with the unique service and opportunities on offer should be shared. 

Capital is at risk and returns are not guaranteed. Past performance is not a reliable indicator of future results.