Hillside, Margate
A heavily distressed property acquired below market value and repositioned into a professionally managed block of ten flats. This project delivered substantial equity uplift and strong cash flow.
Investment Thesis
Acquisition at a significant discount due to condition and management issues
Large uplift through refurbishment and operational turnaround
Strong rental demand driven by Margate’s regeneration
Key Facts
Units: 10 flats
Purchase Price: £485,000
Bridging Loan: £365,000
Refurbishment Cost: £50,000
Total Project Cost: £535,000
GDV: £1.2m
Value-Add Strategy
Full internal refurbishment to modern standards
Removal of anti-social use and re-tenanting with professional management
Compliance, safety, and EPC improvements
Risk Management
Bridging finance structured with clear refinance exit
Refurbishment costs carefully budgeted and controlled
Strong post-refurb valuation buffer
The completed scheme was refinanced at a conservative LTV, releasing £900,000. Capital was recycled into subsequent acquisitions while retaining long-term income.
Ongoing Performance
Net Rental Income: £2,500 per month (£30,000 p.a.)
Outcome: High cash flow + significant retained equity
“This work gave us back control of our operations. Our team finally felt aligned, calm, and capable of handling growth again.”
Sophia Reyes
Operations Director
Acquisitions
