109 - The Fireworks Factory - A Banger of a Deal!

"Commercial Conversion into 14 flats with 11% Yield!"   In this BRAND NEW Podcast Series, we will be going Behind the Scenes on some of the UK’s most Creative, Lucrative and Award-Winning Deals 🤩   Hosted by me, Mark S Barrett from The Property Brokerage, this month it gives me the absolute pleasure to welcome Jen Barron, Head of Portfolio Builder withing PPN UK.   Jen takes us through this great deal they sourced and project managed from planning through to hand over onto a long-term lease for one of their clients.   Jen discusses the process they go through to deliver these projects, how they front-load the projects to ensure a great outcome and her Top 3 Tips.   The numbers:   Purchase price: £280,000 (£20,000 per flat) Refurb cost: £381,075 (£27,219 per flat) Total Spend: £661,075 (£47,214 per flat) GDV: circa £1M Equity: circa £338,925 Rent via lease: £74,497 (11.26% gross yield!)   Our November episode of Deals Deals Deals is now live, tune in straight away to avoid missing the boat.   Success and Failure are both very predictable. Please contact Jen if you have any commercial conversion opportunities in the Nottingham area.   The Portfolio Builder service is currently oversubscribed, however, if you wish to go on the waiting list, please contact Jen for further information.   [email protected] www.ppn.co.uk Want to learn more?   Boom or Bust? To understand the Top 5 strategies to ensure 2022/23 is the making, not the breaking of your property business as we go into a recession, download your FREE copy of the Boom or Bust report now at: www.boomorbust.co.uk   Daniel Hill's brand new, first-ever published book Karma Credits: The Universal Law of Wealth, Health and Happiness was released on 6th October 2022 and can be purchased on Amazon. Click here now to purchase a copy.   If you’ve not already joined the 9.1k Property Entrepreneurs for FREE in the Property Entrepreneur Facebook Group, click here to join now:  The Property Entrepreneurs Community If you're listening to this podcast but have not yet subscribed, click the subscribe button to listen to what Daniel and other industry leading guests have to say on a weekly basis on all things business, investment property and lifestyle: The Official Property Entrepreneur Podcas‪t  Keep up to date with Daniel’s musings by subscribing on YouTube now: The Official Property Entrepreneur YouTube Channel   Follow Daniel on Social: Instagram: @propertyentrepreneur_  Facebook:  @PropertyEntrepreneurOfficial LinkedIn: @propertyentrepreneur