This buy-to-let refurbishment in Stoke-on-Trent is a straightforward turnaround despite the property being dated and having several issues.

For investors, buy-to-lets are usually the staple for a property investment strategy and the place where most investors start their journey.

Rather than 'flipping' a property, where you buy, renovate and sell, a buy-to-let property allows you to earn a regular monthly income from the rental profits.

Of course, if you've added value to the property by refurbishing it, you can also expect your buy-to-let to increase in value (capital growth).

The crucial thing is to purchase your buy-to-let in an area where demand is high.

You also need to make sure that all the monthly costs involved for yourself (including the mortgage) are less than the monthly rental income.

Most property investors start with a buy-to-let strategy because it's less complicated. A HMO is a more advanced strategy, but you can achieve a much higher cash flow.

In this video, John and Pieter visit a buy-to-let in Normacot, Stoke-on-Trent, to:

🔵 Show the investor how the property looks in its current state;
🔵 Highlight the changes that will need to be made in order to get the property fit for letting.

#buytolet #brrr #stokeontrent

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