Ashbrookes are very well placed to support all investors, whether a first buy-to-let or a major multi-story residential or commercial development.
We are privileged that we are based in Middlesbrough, in The North East of England in an area that represents extremely good value for investors seeking high rental yields and attractive returns on property development projects.
Where we are marketing a property for sale
We can provide expert guidance to buyers on how to best develop a property in order to maximise it’s yield, arrange for the design, planning and build works, undertake to let the developed property and if desired, sell the property in order to release profit back to the investor.
Where other agents are marketing properties for sale
Where an investor wishes to consider a property that is not marketed by us, but by another Estate Agent, then we can provide the same service to the investor at a small cost which is fully refundable if the investor engages us to work on the project after purchase.
Our costs are:
£250 for street house renovations and conversions
£500 for commercial or land developments
Our sourcing service
We are able to take detailed instructions from investors who are either abroad or too far away and search out suitable investments that meet their investment criterion. The opportunities will be presented in a transparent manner with purchase, development, letting and sales costs all clearly documented. Our fees vary dependant on the type of investment to be made and the amount of work we need to undertake. Our fee will be declared at the start of our engagement.
As a guide our fees for some of the more popular services investors take up are as below. Please note these fees include our costs for feasibility design work, cost estimating and desktop valuations of proposed developments
£1500 Let or ready to let Buy-to-Let property
£3000 House conversion to HMO or student accommodation
£5000 Conversion of commercial building to residential flats or large HMO with end value up to £500,000
£10,000 Conversion of commercial building to residential flats or large HMO with end value over £500,000
£10,000 Commercial land plots for new build, multi storey, developments
Mortgage and commercial loans
We are able to offer funding options through our range or Mortgage and commercial brokers to ensure a fully co-ordinated package.
In summary, for investors we can provide a complete one-stop service
- Sourcing property
- Design and planning service to maximise returns
- Builder selection
- Project management
- Lettings management
- Sales
Investors can take advantage of all or only selective parts of our service offering depending on their needs .. We will fit in with your requirements.
