01
Recurring income
What it is
Single-let residential properties in markets where rent covers debt service with margin to spare. Long-term hold, financed on standard BTL mortgages, let to either private tenants or commercial operators (e.g. care home leases).
Why we do it
Predictable monthly income that compounds. Lower management load than HMOs. Easier to scale once the model is repeatable.
Current deal
Stoke-on-Trent BTL · Care home tenancy · Fixed monthly rent.
02
Yield density
What it is
Houses converted to multiple-occupation use — room-by-room lets, shared kitchen and living space. Article 4 compliant, fully licensed where required.
Why we do it
A well-run HMO can produce 2–3× the gross rent of the same property let on a single AST. The trade-off is more management — which is why we run the operations ourselves rather than handing it to a third party.
Current deal
Hull HMO · Cash-purchased · Fully tenanted · First refinance candidate.
03
Capital growth
What it is
Buying undervalued stock — usually distressed, tired, or non-standard — refurbishing to a defensible spec, and selling on. Funded with bridging finance, exited inside 6–12 months.
Why we do it
Generates the capital that funds the next BTL or HMO acquisition. Faster cycle than buy-and-hold. The discipline is in not falling in love with the project — every flip is sized to its exit comparable, not the refurb you wish you could do.
Current deal
Oldbury, Birmingham · Bridging secured · Refurb in progress.
