Newton sinclair buys property

Newton sinclair buys property we buy properties and turn them into homes for our tenants! we make the process as simple, fast and straightforward as possible.

we buy houses flats and mixed use properties in Sussex

04/01/2025

“Step inside and see opportunity through my eyes. Join me on this video tour of a Georgian gem that’s waiting for a touch of love and style to bring it back to life. This is more than just a building—it’s a story in the making. Watch now and imagine the potential!”

“Farewell to the Jacobean Era: A Financial Breakdown of Our Holiday Let Investment”We recently said goodbye to our stunn...
23/12/2024

“Farewell to the Jacobean Era: A Financial Breakdown of Our Holiday Let Investment”

We recently said goodbye to our stunning Jacobean holiday let. Owning a property from the 1500s was an incredible journey—full of challenges, historical charm, and valuable lessons. Here’s how the numbers stacked up:

Financial Breakdown
• Purchase Price: £205,000
• Restoration Spend: £110,000
• Total Invested: £315,000
• Sale Price: £405,000
• Net Proceeds (Sale Price - Total Invested): £90,000
• Mortgage (on £450,000 valuation): £337,000
• Equity Released from Mortgage: £66,000 more than invested.

Capital Allowances

We also claimed £200,000 in capital allowances, which were retained within the company. These allowances will offset profits from this and future projects, significantly reducing taxable income for years to come.

Why We Sold

Although the property was valued at £450,000, we chose to sell at £405,000 to free up equity quickly for our next investment. The sale allows us to focus on three Georgian townhouses in Chichester—spacious, younger properties with modern appeal.

This project wasn’t just about numbers. It was about learning, adapting, and strategically positioning ourselves for the next step.

Follow Our Journey

What do you think of these numbers and the decision to sell? Would you have done the same? Let us know in the comments! And stay tuned as we dive into our next project, moving from Jacobean charm to Georgian grandeur.

Here’s a financial chart to visualize the journey:

Feel free to reach out if you’d like to learn more about property investments or the power of capital allowances for commercial properties and holiday lets. We’re always happy to share insights!

23/12/2024

“Farewell Jacobean, Hello Georgian: A New Chapter in Property Investment”

We’re thrilled to share the completion of the sale of our 1500s Jacobean holiday let. After a couple of years of underwhelming returns, this beautiful piece of history has found its way into the hands of another investor who will continue its legacy as a holiday let.

As Savills once told me, “Renting out an old house is like lending someone an antique.” That sentiment truly resonated with this property. Owning a house from the time of Guy Fawkes—when they plotted to overthrow the Scottish king and his lords—was both a privilege and a challenge.

The house was a marvel of history but also a constant project—like Trigger’s broom, with its endless windows repaired and doors trimmed back over the centuries.

With this sale, we’ve freed up equity to focus on our next venture: three Georgian townhouses in Chichester. Built in a younger era and offering the spaciousness of four bedrooms, they’re a step forward in our journey.

Farewell to the Jacobean charm of the past and hello to the grandeur and practicality of the Georgian era. Onward and upward!

Follow Our Journey!
We’d love for you to join us as we embark on this exciting new project. What do you think about the shift from Jacobean to Georgian? Share your thoughts in the comments below and stay tuned for updates as we take on these Georgian gems in Chichester!

19/12/2024

This bright and spacious maisonette offers an excellent opportunity for a long-term tenant looking for comfortable living with potential for wheelchair adaptation. The layout is well-suited to customization, with generously sized rooms and an open feel that provides plenty of natural light throughout the property.

The space is ideal for creating an accessible home, with the possibility of adjusting doorways, fitting ramps, or redesigning the bathroom to meet the needs of a disabled tenant. The maisonette has a welcoming atmosphere and offers practicality alongside style, making it an attractive option for those seeking a long-term residence.

With its thoughtful design potential, this property could provide not only functionality but also a bright, modern living space tailored to individual needs.

17/12/2024

**“It’s never easy when plans fall through. I recently agreed on a lease purchase option for my holiday let, trusting the potential renters with access to the property while we finalized the deal. Unfortunately, it didn’t work out.

I’ve just visited the house, and let’s just say it’s not in the condition I left it in. Now, I’m rolling up my sleeves for some repainting and tidying to get it back to its best.

Trust is key in property, but it’s also a reminder that not all agreements go as planned. Back to the drawing board – and back to the brush!”**

I do have much respect and appreciation for the letting agent rolling her sleeves up to help me out, you don’t get that very often… or ever! Very fortunate

17/12/2024

This maisonette is in reasonably good condition and would benefit from some general tidying up to really shine. While the property has plenty of potential, one area to note is the electrics—specifically, the fuse box, which might need updating in the near future. On the surface, it looks like the work required is fairly minimal, apart from addressing the windows and refreshing the space with a few cosmetic upgrades. This could be a great opportunity to add value with relatively straightforward improvements!

16/12/2024

Currently looking at a block of 1 bedroom flats, these are an as asset managment opportunity.

Asset management, put simply, is about harnessing the potential of every resource you own to achieve maximum value. It’s not just about safeguarding what you’ve got; it’s about making it work harder, smarter, and faster for you.

Think of it as a strategy to multiply your outcomes without multiplying your stress. It could mean fine-tuning your investments, organizing your property portfolio, or refining business operations. It’s about understanding what you have, recognizing untapped opportunities, and strategically deploying those assets to generate exponential returns.

Done right, asset management turns what you own into what elevates you—bridging the gap between your current results and your ultimate goals. It’s not just maintenance; it’s mastery and strategy.

We are being persuied by the estate agents to purchase this block of 3 grade 2 listed houses.Here is the issue, they are...
08/10/2024

We are being persuied by the estate agents to purchase this block of 3 grade 2 listed houses.

Here is the issue, they are expecting close to market value for each house and the people who want to pay that price (not us) cannot get the mortgage because…. I assume the lender knows that it will push them into negative equity and that’s not good for retaking possession.

The sellers are now looking to take the block to auction. Here are my numbers and my offer!

Gdv of each house £350/375k money needed to renovate each house £100k

Our offer £750 for all three 20% deposit and 6% interest on seller finance

As the work on each property is done we can refinance onto a btl and pay the seller the remaining money.

Let’s see what they say…..

06/10/2024

By purchasing this holiday let for £250,000 and completing before April 2025, I can claim up to £62,500 in capital allowances. This means being able to offset a significant chunk of the property cost against the income it generates or even against a limited company’s taxes.

Depending on your personal income tax bracket, this can translate to major savings:

• 20% bracket: Save £12,500
• 40% bracket: Save £25,000
• 45% bracket: Save £28,125

This is a great opportunity to capitalize on the current tax break before it disappears in April 2025. If you think you qualify let me know Don’t miss out!

25/06/2024
Rather sell your property than spend £20/30,000 on the roof? Il also pay your legal fees so you can comfortably move int...
12/04/2024

Rather sell your property than spend £20/30,000 on the roof? Il also pay your legal fees so you can comfortably move into Something less demanding on your resources.

We are constantly looking for properties of all types across the country. We have a particular soft spot for period and ...
25/03/2024

We are constantly looking for properties of all types across the country. We have a particular soft spot for period and commercial property.

Address

McPhersons Chartered Accountants
Bexhill
TN401HH

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