Billy has been investing in multi-lets in Liverpool since 2012 and during that period has built up a portfolio of multi-lets ranging from 3 to 17 bedrooms.

The portfolio currently has over 150 rooms across Liverpool and Manchester.

Billy favours multi-lets for the following reasons:

  1. Multi-lets provide significantly higher returns than single lets
  2. By adding value significant capital uplift can be achieved
  3. By utilising partners, building and management can be outsourced
  4. Risk of voids can be managed as there are multiple tenants.

One of the reasons Billy has been able to build his portfolio so rapidly is that he has focused on utilising momentum investing.

Examples of recent projects he worked on is shown below:

White Lion - Manchester

Conversion of the White Lion Public House in Manchester to a nine bedroom multi let unit.

Purchase Price 125k
Refurb Costs 175k
Professional Fees 25k
Total Development Costs 325k
Gross Development Value 400k
Funds Left In 25k
Annual Profit 22k
Annual Return On Investment 88%

 

If you are interested in investing with Billy in multi-lets please contact him today.

Toxteth - Liverpool

Conversion of a 2 bedroom terraced property to 4 bedroom multi-let.

Purchase Price 55k
Refurb Costs and Professional Fees 50k
Total Development Costs 105k
Gross Development Value 115k
Funds Left In 19k
Annual Profit 8.9k
Annual Return On Investment 47%

 

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