Case Studies - Pegasus Property Group

Case Studies

Below is various articles on our most recent developments which we sourced, renovated and now let out.

LEASE OPTION 3 TO 6 BED HMO

LEASE OPTION 3 TO 6 BED HMO

This property is located very near the old hospital before it was relocated a mile further back The royal stoke hospital is a 10 minute walk, but there is a circular bus that goes from old hospital around the new hospital and has great convenience to staff living...

Refurbshment of a tiled Roof

Refurbshment of a tiled Roof

 We dont just do conversions, we also do smaller jobs such as a new or refurbished roof We inspected the roof and found the old bodging had falling out of the roof crearing many leaks We stripped off the roof, removed old felt and batterns and denailed, put some...

Basford 3 to 6 bed HMO

Basford 3 to 6 bed HMO

This property is located in Victoria street basford this is on the boarder of Stoke-on-Trent & Newcastle under lyme and is ideally situated for the retail/executive employee target market and short work to the royal stoke university hospital. Done up to a very...

3 Bed end terrace to 6 bed all ensuite

3 Bed end terrace to 6 bed all ensuite

We made a mistake we advised the client a GDV of 190k it came in at 225k, a good mistake but always remember this can go either way but try stay on the side of caution This property is located in Etruria close to some large employers such as Bet 365, vodafone...

Complete BTL – 44% ROI

Complete BTL – 44% ROI

We sourced this property direct to vendor, we then sourced it on to one of our client for a sourcing fee and now we are project managing the project for our client. The property cost £60,000, the renovation is £25,000, the ROI is 44%!

BUY TO LET MINI SOURCE AND MINI REFURB

BUY TO LET MINI SOURCE AND MINI REFURB

This is a property that we sourced for an investor a little buy to let with problem tenaht in place The tenant left in between eschange and completion and we did a little uplift on the refurbishment What we did was ? replaced kitchen tiles above worktop resecured some...

Mid terrace 3 to 6 bed HMO with roof and windows

Mid terrace 3 to 6 bed HMO with roof and windows

This property is located in a great location in between Newcastle Under Lyne and Stoke On Trent, and is ideally situated for the retail/executive employee target market and short work to the royal stoke university hospital. Done up to a very high standard, this is a...

BUY Refurb Refinance – Infinite return

BUY Refurb Refinance – Infinite return

We sourced this property on market but was modern method auction, i so much hate this method as it effects the sellers not the buyers I sub contracted this deal to a builder turned arun down 3 bed mid terrace into a 4 bed large family home. Then refinaced onto a long...

MINI mo 2 bed terrace to 3 bed HMO

MINI mo 2 bed terrace to 3 bed HMO

The property is what we call a mini HMO this is a great model for a few reasons 1) For someone who is on the fence of a HMO and isnt sure if its for them but wants to try2) easily changed back as a furnised family home This property is located in a great location in...

Birches Head Road Case Study – 6 Bedroom H.M.O.

Birches Head Road Case Study – 6 Bedroom H.M.O.

This property is located in Birches Head, in the city centre of Stoke-on-Trent and is ideally situated for the retail/executive employee target market. Done up to a 5 star hotel standard, this is one of the best HMOs in the whole city. PURCHASE PRICE: £122,500...

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