We Find The Deals
Kingdom Property Sourcing Ltd. is a company bringing together great investment properties and busy professionals.
If you’re looking for Investment properties offering returns in excess of 20%, Kingdom Property Sourcing Ltd can help.
We have a team of sourcer’s who are very active in searching for properties all across the country, all of which must meet our strict criteria before we will consider passing them to investors.
Kingdom Sourcing have great relationships with estate agents through-out the North West and as a direct result of this we often get informed of great properties before they even hit the open market.
We regularly get offered properties at discounted rates for a quick sale, Lease option opportunities and properties in need of refurbishment at seriously reduced prices.
Kingdom sourcing work to a strict criteria when sourcing deal’s, below are just the first five ‘Must Have’ checkpoints that the property must match before we even view it.
Providing the properties meet these criteria we then carry out our due dilligence on the property, which would involve the following and more.
We will speak to multiple local letting agents and other investors to check on rental demand, rental income, competition in the area and get their thought on the property and location. If we get any sense the local agents think the location is poor and the property will struggle to let then we simply walk away. We will never pass a property if we are aware of any future issues with regard’s to rental demand.
We will confirm that the property is a great price, we will check comparable properties in the area, check various online resources to verify true market value and check what else is for sale nearby. Sometimes if the deal stacks up we are happy to pay the asking price providing the deal is providing great returns.
For Hmo’s, we will obtain estimated quotes from our builders for the conversion costs to make the property compliant with licensing rules. These quotes are estimated only and should never be mistaken for a final figure for conversion.
We will confirm with the local authority the license fee (if required).
Only once we’re sure the property is a great investment will we will then pass this to our investors.
Remember if we wouldn’t purchase the property for our own portfolio then we would not pass it to an investor.