Smart Property is set to launch its first high yielding property portfolio. Our mission is to create a diverse buy-to-let property portfolio, concentrating on lower value terraced properties in the UK with high rental yields.
Our structure will feature a diverse geographic representation of properties across the UK, but with a focus on the high yielding buy-to-let areas, and where there is high demand for housing. Our focus areas will include: London, Liverpool, Manchester and Newcastle with average yields of between 10 - 20%.
We will manage the full lifecycle including:
We will guarantee our investors a 10% return on all our investments. We expect all of our portfolio to exceed 10%, with our fee coming from any return greater than 10%.
We will be looking at terraced 2 to 3 bedroom properties of between £25,000 and £35,000. As we are targeting these low-cost, high yield properties, we expect to be able to deliver strong annualised returns to investors. We’re working on a 7-year time horizon, and expect to also generate large capital appreciation on some of our properties.
We offer distinct advantages for traditional buy to let investors and institutions.
Our objective is to facilitate at least £500k in new property purchases each year. On our average price of £25,000-£35,000, this equates to 15-20 properties in our first year, with up to 85 by 2023.
Our key metric is annual yield, but we’re also targeting void periods among others.