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 🤩

Our guest this month is Ashley Lindsay of Rooms Together in Huddersfield who shares with us his amazing journey of having to start again from a failed business to achieving financial freedom.

Ashley joined Property Entrepreneur in October 2022 and is now on our Advanced programme.

We discuss how he got into property and found these properties from Out Of Town Landlord. He set up Rent to Rent (R2R) agreements, or as Ashley calls them Rent 2 Relationship deals, with the landlords with the option to buy them.

Ashley shares how he created so much equity, how he added value and the challenges he faced as well as his Top Three Tips.

Headline numbers:

• 10 HMOs with 84 rooms

• Purchase Options up to 5 years

• Purchase Price £3.6m

• Value on purchase: £4.3m
Borrowing £2.7m

• Equity £1.6m

Rent roll £48k pm rising to £51k after some refurbs

Monthly cashflow at 6% lending £20,000 pa, £240,000 p.a.

Want to contact Mark or his guests?

www.thepropertybrokerage.co.uk

mark@thepropertybrokerage.co.uk

Ashley Lindsay

07967 615514

admin@roomstogether.co.uk

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