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PROFITABLE PROPERTY INVESTMENT AND DEVELOPMENT CAN BE SURPRISINGLY STRAIGHTFORWARD...

profitable property investment and development can be surprisingly straightforward

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PROFITABLE PROPERTY INVESTMENT AND DEVELOPMENT CAN BE SURPRISINGLY STRAIGHTFORWARD...

F E A T H E R S T O N E E S T A T E S PROFITABLE PROPERTY DEVELOPMENT & INVESTMENT1

...BUT ONLY IF YOU’VE PLENTY OF:

CAPITAL - or access to it, on the right terms.

+

TIME - for vetting neighbourhoods, finding properties, attending auctions, visiting

Planning Departments, speaking to solicitors, surveyors, architects, builders,

letting/estate agents - and getting to know the people ‘in the know’.

+

LOCAL KNOWLEDGE - essential to spotting bargains, pitfalls and trends.

+

BUILDING KNOW-HOW - how else do you judge what the professionals tell you?

+

PLANNING SAVVY - what will the planners permit? Every local authority has its

own style.

+

UNDERSTANDING OF CURRENT BUILDING REGULATIONS - which affect

almost every aspect of altering and improving a building.

+

FORESIGHT - without which, you’re wasting all the above.

+

DECISIVENESS

F E A T H E R S T O N E E S T A T E S PROFITABLE PROPERTY DEVELOPMENT & INVESTMENT2

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By now, you’ll realise that this is the skill set of a professional developer

- someone like me.

My name is Andrew Featherstone. Working in partnership with you, I fulfil all

the needs listed above.

Here are some recent successes, achieved by me and my investment partners

working together.

F E A T H E R S T O N E E S T A T E S PROFITABLE PROPERTY DEVELOPMENT & INVESTMENT3

THERE ARE 5 OPTIONS FOR INVESTMENT

[1] JOINT VENTURE.

We augment your capital with joint borrowing. I also invest my time and skill.

We own and profit 50/50.

FOR EXAMPLE:

• Olympic Gold. In 2005, an investment partner and I bought a (rather scruffy) flat

in Weymouth. We refurbished it at cost - and then bought the other three flats in

the same building, converting them from one bedroom to two. We plan

to sell them just before the 2012 Sailing Olympics.

A Southampton developer and I bought six flats, refurbished them and sold them

immediately for good profit. Taking advantage of the depressed market, we have

now bought two discounted houses; we’ll sell them when the market picks up.

F E A T H E R S T O N E E S T A T E S PROFITABLE PROPERTY DEVELOPMENT & INVESTMENT4

• One of my partners - a busy young mum - already had a small, but valuable

portfolio. In 2007, we bought a cheap one-bed flat, from which we created a

valuable 3-bed flat with 2 bathrooms by using the roof space. By refinancing, we

have been able to re-invest her capital in two heavily discounted houses.

• My own mother invested just £30,000. In 2006, we bought a one-bed flat in

Weymouth, which we turned into two beds. Refinancing released enough to do it

again. Both properties will be let out until they’re sold in 2012.

• 2009 Nest Egg. Now in his fifties, one of my partners has a matured

endowment policy, which we are investing in cheap Northern property.

I handle literally everything, from finding the right properties, through negotiation

and project management, to vetting tenants.

Your involvement depends on your schedule - and how interested you are.

Some of my partners just leave me to get on with it.

F E A T H E R S T O N E E S T A T E S PROFITABLE PROPERTY DEVELOPMENT & INVESTMENT5

[2] SOURCE & REFURBISH FOR A FEE. YOUR CAPITAL. MY SKILL. YOUR PROFIT.

FOR EXAMPLE:• 2009. An IT consultant wants to see his children through university in five years time. We found the right property, refurbished it at cost (generating an immediate potential profit of up to £20,000) and installed tenants. We have now found the client a second flat that should yield 8.5% gross.

• In 2008, a client asked us to find over-shop offices that could be turned into flats. We secured a property at auction, designed a conversion to 4 flats and are currently managing the £150,000 project.

[3] SIMPLY SOURCING, FOR A FEE. THE OPPORTUNITIES THAT OTHERS MISS.

FOR EXAMPLE:• Frustrated by low returns on his savings, a retired farmer wanted flats with high rental yields. For £100,000, we found two studio flats, each with a sitting tenant paying £400 per month. That’s a yield of over 9% gross, on an appreciating asset.

Encouraged by that success, I was asked to source more property. The budget was £150,000.

For just £135,000, I helped my client buy a Victorian building containing 4 flats and yielding over 11% gross.

Located in a northern town undergoing major regeneration, it also offers significant capital growth.

F E A T H E R S T O N E E S T A T E S PROFITABLE PROPERTY DEVELOPMENT & INVESTMENT6

[4] MENTORING

You’ve found a project and you’re keen to get started. But you would probably

welcome a few hours of fixed-price mentoring time, each month.

[5] CITY INVESTMENT

If you are a City investor, I run ventures which are set up to take advantage of

current market conditions to purchase large portfolios of discounted houses

for cash.

F E A T H E R S T O N E E S T A T E S PROFITABLE PROPERTY DEVELOPMENT & INVESTMENT7

COULD WE WORK TOGETHER? LET’S FIND OUT.

My network of contacts provides far more projects than I can tackle alone - so I’m

always looking for more investment partners and clients.

So over to you...

How much will you need to invest?

How much will you make?

Can I help you to access extra capital?

Will we get along together?

Can you trust me?

There’s a lot to talk about. My contact details are on the back cover.

BUT FIRST, A FEW WORDS FROM INVESTORS...

“My wife and I would recommend Andrew to any potential investor. He engenders trust with his sound judgement and he keeps us well informed about our investments” HD

“When I’m not bringing up my children, I’m a letting agent - so I’m well up to speed with property. Andrew and I make a great team.” EC

“Andrew’s Source & Refurbish service is first class. But as a busy man, I want us to tackle the next project as a Joint Venture.” RD

Initials preserve privacy. But all these investors will confirm their testimonials.

F E A T H E R S T O N E E S T A T E S PROFITABLE PROPERTY DEVELOPMENT & INVESTMENT8

AND A FEW WORDS, ABOUT ME.

After a degree in Agriculture, I travelled the hard way, throughout Africa and South

America. It was a steep but exciting learning curve.

Back in the UK, and after several successful projects, I did a full time MBA course

at Southampton University. Ten years ago, I founded my building refurbishment

business. I now live in Hampshire with my wife and three children.

I currently own and let out 53 flats, 8 houses and one commercial building (a Nat

West bank branch in Bournemouth) some with investment partners. This portfolio

is currently valued at £9 million.

Despite the recession, the business is on course for 100% growth in the next

12 months.

WOULDN’T YOU LIKE A SLICE OF THAT ACTION?

NEXT STEP: A MUTUALLY PROFITABLE MEETING

I’m based in the beautiful village of Martin, on the edge of Cranborne Chase.

I can meet you here, or at the venue of your choice.

I look forward to meeting you.

© 2010 Featherstone Estates

Copy by Justin Allison - [email protected]

Design by Pro Motion Media - [email protected]

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CONTACT

Office: 01725 762888

Mobile: 07967 707888

Sweetapples Barn,

Sillens Lane, Martin,

Fordingbridge,

Hants.

SP6 3LF

www.featherstoneestates.com

[email protected]