Quasar Property

15/05/2025

INVESTMENT OPPERTUNITY
3 apartments conversion to 6 bed 6 bath HMO in Lancaster
Purchase Price: £200,000.00
Deposit: £58,550.00 (includes 6 months interest for bridging loan)
Conversion/Build: £127,474.88* approx. (subject to further onsite visits)
Set up costs/ Design & Build Fees - £36,000.00
Legals Estimate - £4,000.00
Planning: £3,500.00
Stamp duty - £11,500.00
Survey - £2,500.00
Furniture and flooring packs can be purchased at an additional cost - £20,000.00
Total Project Cost: £413,574.88 (includes 6 months interest for bridging loan)
Total Cash Outlay: £263,524.88 (includes 6 months interest for bridging loan)
Projected Rental Income: £110.00 PPPW net of bills (water, gas, electricity) x 6 = £34,320 per annum
Management: £4,867.20 including VAT - (10% fully managed)
Net Income: £29,452.00
NET RETURN ON INVESTMENT AFTER REFINANCE: 30.11%
Based on aN ESTIMATED refinance valuation of £495,000.00 (£165k avg per unit) we can release approximately £371,250.00 by re-mortgaging after 6 months. At this stage, you will have around £42,324.88 left in the deal and after deducting the new, increased mortgage interest, your net income will be around £12,745.75 per annum giving you a net return on cash invested of 30.11%.

For further details and floor plans DM me or email
[email protected]

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01/04/2025

BRRR OPPERTUNITY. 35.66% return
7 BED 7 BATH HMO - Preston.
Purchase Price: £190,000.00
Deposit: £50,622.50
Conversion/Build: £95,439.88 * approx. (subject to further onsite visits)
Set up costs/ Design & Build Fees - £21,300.00
Legals Estimate - £1,400.00
Stamp duty - £9,500.00
Planning – £2,000.00
Survey - £650.00
Furniture and flooring packs can be purchased at an additional cost - £13,895.01
Total Project Cost: £342,307.39
Total Cash Outlay: £199,807.39
Projected Rental Income: £105.00 PPPW net of bills (water, gas, electricity) x 7 = £38,220 per annum
Management: £5,678.40 including VAT - (10% fully managed)
Net Income: £32,541.60
NET RETURN ON INVESTMENT AFTER REFINANCE: 35.66%
In the figures below, we have allowed for a 3% early repayment charge that will LIKELY be payable if we remortgage in the first year.
Based on a refinance valuation of £365,000.00 we can release approximately £292,000.00 by re-mortgaging after 6 months. At this stage, you will have around £50,307.39 left in the deal and after deducting the new, increased mortgage interest, your net income will be around £17,941.60 per annum giving you a net return on cash invested of 35.66%.
For more info DM me or email [email protected]

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01/04/2025

BRRR OPPORTUNITY BARROW IN FURNESS.
4 BED, 4 BATH HMO
Purchase Price: £65,000.00
Deposit: £19,028.75 (includes 6 months interest for bridging loan)
Conversion/Build: £69,371.88* approx. (subject to further onsite visits)
Set up costs/ Design & Build Fees - £18,100.00
Legals Estimate - £1,400.00
Stamp duty - £3,250.00
Survey - £650.00
Furniture and flooring packs can be purchased at an additional cost - £10,402.61
Total Project Cost: £170,953.24 (includes 6 months interest for bridging loan)
Total Cash Outlay: £122,203.24 (includes 6 months interest for bridging loan)

Projected Rental Income: £115.00 PPPW net of bills (water, gas, electricity) x 4 = £23,920 per annum (WE WILL FIND THE TENANTS)
Management: £3,494.00 including VAT - (10% fully managed)
Net Income: £20,426.00

NET RETURN ON INVESTMENT AFTER REFINANCE: 35.49%

Based on a refinance valuation of £165,000.00 we can release approximately £132,000.00 by re-mortgaging after 6 months. At this stage, you will have around £38,953.24 left in the deal and after deducting the new, increased mortgage interest, your net income will be around £13,826.00 per annum giving you a net return on cash invested of 35.49%.

for more info DM me or email [email protected]

Call now to connect with business.

31/03/2025

Hello Everybody, Quasar Property is a sourcing company. We find property investment opportunities for our clients, including buy to hold or flip, BRRR, HMO's and commercial. We also help people sell their properties without any fees.