15/04/2026
Property investing isn’t always the smooth, “buy-refurb-sell-profit” journey people see on social media… and our Malvern project is a perfect example of that.
We bought this property below market value (BMV) knowing it needed both a refurb and a lease extension. The plan was solid:
✔️ Secure the deal
✔️ Add value through refurbishment
✔️ Extend the lease
✔️ Exit profitably
We funded the purchase and refurb using private investor finance, and from day one had open conversations with the freeholders, everything seemed positive and straightforward.
Fast forward…
✅ Refurb completed to a great standard
✅ One investor already repaid (with profit from another project 👌)
But here’s where reality kicks in 👇
❌ Ongoing delays with the lease extension
❌ Poor communication from freeholders
❌ Section 42 had to be served
❌ Still no completion on the lease
And the knock-on effect?
👉 Two sales have now fallen through due to buyer uncertainty around the lease
👉 The property has been on the market since September
👉 We’ve been hit with holding costs — utilities, maintenance, and even double council tax for part of the time.
One thing that hasn’t changed throughout this process is our commitment to our investors.
👉 We’re working closely with the remaining investor to ensure they continue to receive their agreed return while we navigate these delays, protecting their position is a priority for us.
Now we’re weighing up our next move:
• Do we rent it out (and complicate a future sale)?
• Look for a tenant-buyer solution?
• Or hold firm and wait for the lease to finally complete?
There’s no perfect answer, just decisions to manage risk and protect investor returns.
👉 The lesson?
Property investing isn’t just about finding deals, it’s about navigating problems, adapting quickly, and staying resilient when things don’t go to plan.
We’ll keep pushing this one forward and sharing the journey, the wins and the challenges.
