169 - £3,000pm Profit From Commercial Conversion

<p dir="ltr">In this Deals, Deals, Deals Podcast Series, we go Behind the Scenes on some of the UK’s most Creative, Lucrative and Award-Winning Deals 🤩</p> <p dir="ltr"> </p> <p dir="ltr">This month we have a special edition of the Deals Deals Deals Podcast featuring Tim Witt who joined Property Entrepreneur last year and Guillaume Black of Property Filter who joined 3 years ago.</p> <p dir="ltr"> </p> <p dir="ltr">Tim has great experience in the construction industry having previously worked in Australia and England, project managing large construction projects. He attended the PIN Mastermind and then after taking a year out, Tim was ready to grow his own portfolio and property sourcing business and joined Property Entrepreneur to help grow his team and systemise his business.</p> <p dir="ltr"> </p> <p dir="ltr">Tim started using Property Filter to systemise property sourcing and has found seven great deals so far this year with the system as well as off plan properties.</p> <p dir="ltr"> </p> <p dir="ltr">We discuss Tim’s background and how his team now sources great residential and commercial conversion deals for his own portfolio and his clients and then deep dive into a commercial conversion project of a warehouse in Greater Manchester.</p> <p dir="ltr"> </p> <p dir="ltr">Three flats were converted into a six bed and four bed HMO as well as retaining a two bed flat. Tim shares how they got planning, the huge projected down value they received, right through to the final valuation and his top 3 tips in finding great deals.</p> <p dir="ltr"> </p> <p dir="ltr">As an extra bonus, we have the link below to a quick demo of Property Filter with Guillaume as well as how Tim uses it to find great deals:</p> <p dir="ltr"><a href= "https://go.property-filter.co.uk/Live-Demo-Property-Filter">https://go.property-filter.co.uk/Live-Demo-Property-Filter</a></p> <p dir="ltr"> </p> <p dir="ltr">The numbers are:</p> <p dir="ltr"> </p> <p dir="ltr">Purchase Price: £218,000</p> <p dir="ltr">Refurb: £193,000 + finance and costs</