WE MAKE THE BEST SOLUTION
DEVELOPERS
RESIDENTIAL ESTATES HAS JUST FINIS THE OFF-PLAN SALES ON OUR FI DEVELOPMENT WORKING TOGETH
SINCE 2018, THEY’VE BEEN OUR MO TRUSTED SALES PARTNER AND WORK ALONGSIDE THEM GIVES US THE CONFID TO TAKE ON LARGER DEVELOPMENTS WE’VE GOT OUR EXIT COVERE
WE REGULARLY POSITION MIKE OR ANO MEMBER OF THE TEAM EARLY DOOR ASSIST US WITH THE PRICING AND PRO VIABILITY, AND THIS ADVICE IS HIGH VALUED AS IT ALLOWS US TO REPORT B TO OUR FUNDERS AND OTHER MEMBE OUR TEAM WITH A SOLID PRICING STRUC AND AN ACCURATE TIMEFRAME UNTIL PROJECT IS SOLD OUT CHARLES RHODES 1INVEST
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OVER 1,760
UNITS SOLD Established for over thirty years, Residential Estates is an independent property services group based in the United Kingdom. Operating throughout numerous sectors of the property industry, our knowledgeable team can deliver comprehensive advice and professional property services. Combining our personalised commitment to client care with a reputation built on honesty and professionalism, Residential Estates has grown to become one of the UK’s leading investment property companies with a global agent network. Please take your time to discover more about Residential Estates’ unique approach, which secures our position at the forefront of the property industry and keeps our customers returning time and time again.
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WHAT WE CAN OFFER TO YOU
Residential Estates are committed to supplying both UK and overseas investors, long term, secure investment options in locations throughout the UK. Up till January 2022 we have sold over 1,760 units over a period of 5 and a half years, with a total asset value of more than £138 million, which has made us one of the leading independent investment companies in the UK. These properties can range from off plan, completed, going concerns, individual units and portfolios, leasehold or freehold – it is about the deal itself.
The reason we are so knowledgeable in the market is because we have literally been involved with every aspect of the property market, starting over 30yrs ago as a residential and lettings agency, to managing a very successful short term let model which we have incorporated all our knowledge into selling strong investments. We appreciate that as a developer, the profits are in those last few sales in a development. This can be those last few apartments on the ground floor or those that are much smaller than others. Regardless of this, we make sure those apartments get the
full attention and are ultimately sold as soon as possible. This often means we have to invest more money into generating enquiries; something we are always prepared to do. We also offer a full service with the client, which leaves the developer free to develop and not deal with the day-to-day side of the transactions, we will work with the client all the way through to the ownership of the property.
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WHO WE WANT TO WORK WITH Our main aim and interest is to build long standing relationships with developers which is built on trust, transparency and results. Words are cheap when it comes to promises, and a lot of companies that work in our field will promise the world but not deliver or have conflicting interests within the same area and playing one off against the
other. We know a lot of smaller developers have not worked with companies like ourselves before, but generally, after a few conversations, and we have made some plans, you will see that we all have the same goals and desires to make the relationship work.
WHAT DO WE REQUIRE? Our success is in sitting down with the developer at the earliest stage to go through a complete plan and strategy to sell their properties, be that a single unit to a whole development. We do not teach a developer how to develop, but we do know this side of the market and what it takes to bring
something to the market/s we offer, so we can pass on any thoughts on what a developer needs to consider when putting a proposal through to an investor database, with all the thoughts and suggestions being based on the market we know so well, to ensure the best possible outcome for all parties.
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PRODUCTS WE SELL OFF PLAN.
Properties at the off plan stage where a developer is looking for early buyers and offer incentivised offers.
COMPLETED.
Completed stock which has been retained and maybe now the developer is looking to move stock.
HMO’S.
Individual units such as HMOs or current freehold or leasehold BMV assets.
LAND.
We have access to buyers of land with building permission.
PBSA.
PBSA stock in areas with a shortage of accommodation for students.
RESIDENTIAL, FHL & STL
Residential or designed for Furnished Holiday Lets or Short term corporate lets including properties and developments in areas of high tourism interest and to supply the ever increasing demand for holiday let properties.
PORTFOLIOS.
Portfolios and going concerns.
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5 YEAR REVIEW We have taken a look back over the last 5 years. Including the units sold and the value of the sales.
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224
UNITSSOLD
UNITSSOLD
2018 £31,925,473 2017
UNITSSOLD
2020 £40,375,470 2019
£17,372,863
2021
£31,537,150
330
UNITSSOLD
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341
£41,568,261
332
UNITSSOLD
VALUEOFPROPERTYSALES The value of property sales is a 230% increase from 2017 - 2021
NUMBEROFUNITSSOLD Growth on units sold is 295% increase from 2017- 2021.
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HOW DO WE SELL OUR STOCK? We, in the main, sell through our internal sales force who are all mature, property experts, with many years of combined property experience, we do not employ “wet behind the ears” staff and they are focused and incentivised to sell what is best for the client, not the best for their pocket. We also have a very loyal and select group of sub agents and agent partners globally, who will promote the development to an audience we do not have access too, such as selected overseas clients. We also have a major lead generator who is actually a well-respected property advisor who works with us solely and is happy to promote the projects we sell, knowing that the client will receive sound and honest advice. This avenue of marketing provides
a unique aspect that only we can offer and provides major value in our reputation. The combination of all three of those aspects make us unique in our sector and we are also proud to say that we will not offer any conflictions within a location or destination. We aim to see a project through to the end and we want to work with a select group of developers in their relative specialist areas and build a long and successful relationship. Another aspect that sets us aside is our incredibly high repeat and referral percentage – which as an average, stands at over 47%, this signifies that once an investor buys through us and is looking to build a portfolio then they come back to us for future investments.
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AP
70% 35 OVER 70% OF OUR BUSINESS COMES FROM REPEAT CLIENTS AND REFERRALS
ON AVERAGE, WE SELL 35 INVESTMENT PROPERTIES EACH MONTH
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WE HAVE SOLD IN 42 SUCCESSFULLY COMPLETED DEVELOPMENTS
OUR COMMITMENT TO FINDING THE BEST UK PROPERTY HOTSPOTS HAS LED US TO SELL IN 17 LOCATIONS
151 24/7 OUR CONSULTANTS HAVE OVER 150 YEARS OF COMBINED EXPERIENCE IN THE PROPERTY INDUSTRY
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ANGLESEY
WITH CUSTOMERS ACROSS MULTIPLE TIME ZONES, WE ARE HAPPY TO TAKE CALLS AT ANY TIME, 365 DAYS OF THE YEAR
COLWYN
NEWCASTLE
PPLEBY-IN-WESTMORLAND
SUNDERLAND KENDAL
LANCASTER
LEEDS
BRADFORD
YORK
PRESTON
HULL
MANCHESTER
LIVERPOOL
WARRINGTON
BAY
SHEFFIELD
LINCOLN
CHESTER
STOKE-ON-TRENT
NOTTINGHAM
BIRMINGHAM
LONDON LUTON
CAERPHILLY
WOOLWICH
BOURNEMOUTH
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BE PART OF A GLOBAL NETWORK.
UNITED KINGD
S
ARGENTINA
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DOM
RUSSIA
BELGIUM TURKEY CHINA
SPAIN ISRAEL
KUWAIT
QATAR, DUBAI & UNITED ARAB EMIRATES
HONGKONG
MALAYSIA
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YOUR QUESTIONS ANSWERED. Why use us instead of an Estate Agent or a property portal like Rightmove? It is a very fair question and one we get asked all the time. There are some very obvious and major differences between us and a local EA. An Estate agent in the main relies on potential interested parties to come to them whereas we go to the investor with targeted campaigns. An Estate agent will generally not offer any exclusivity or preference when it comes to a property – the commission they charge means that for them, whether they sell your property or one of 10 similar ones, is of no consequence to them. We will never sell a like for like asset in the same area, our time is dedicated to selling your assets as quickly as possible. We can actually work in a way where, you, as a
developer can still get the best of both worlds, selling to the local market and the we can sell off market to our investors using the local price as a base to show the value they get in buying with ourselves. Historically we have found that there is not any crossover in local market sales and our investor sales. Ultimately, we have what developers want – clients and investors. We have a database in the thousands and all have stated they are interested in investing in property, one size does not fit all so we know that every time we work with a developer to offer something to an investor finds appealing we can get quick sales for the developer, particularly if the investor knows what he is getting is exclusive and unavailable through the “normal” channels.
I HAVE WORKED WITH RESIDENTIAL ESTATES FOR A NUMBER OF YEARS AND SOLELY USE THEM TO SELL OUR PROPERTIES. THEIR PROFESSIONAL AND PERSONABLE APPROACH THROUGHOUT THE COMPANY MAKES IT A PLEASURE TO DEAL WITH THEM. GUY LADSON LADSONGROUP
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What does the investor want and what benefit does it have for the developer? This all comes down to numbers – for example, as a developer, if you have stock to sell, you have 2 options, carry on going down the route of selling to the open market at the price you dictate, which could take 1 week, 6 months or 12 months, and the longer it takes then that property is probably accruing a cost. What we aim to offer is a quicker route to market and a quicker sale, but it has to come with an incentive for the buyer. The investors that we work with buy with their head and not the heart, they make decisions based on numbers and with the potential to get a head
start in their property journey, so the numbers have to work for them as their decisions are based on numbers and not heart strings, which means that when we work out the proposal with you we make sure we get it right. Ultimately, you may have a development of 20 units, and the option is to sell quickly with an incentive for a quick sale, or let nature take its course – or a mixture of both if you wished to get you over that crucial number you may need regarding your sales.
Commission There is not a set rule with commission, we work with each developer on a case by case basis and there are many variables to consider, for example, what coverage you want throughout the world, size of the offering, one off or complete development.
The aim is 3 fold, to make sure that you, the investor and ourselves are all happy with the offering. We will be transparent and fair with our suggestions.
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OUR GOALS AND AIMS.
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All investments are relative to price paid versus rental return when it comes to yield and property value growth for appreciation. Also with our unique knowledge in the Short term, Corporate and Furnished Holiday let market means we can identify locations that are short on supply for this option in relation to the demand. Every project we look at will be based on its merits and we will work with the developer to package up the deal as best as possible. The ultimate goal is to become the leading ethical agent in the country, but we also want to be able to offer all our potential clients an offering, so an option for all, and not just pigeon hole ourselves into selling just one option.
We have never just followed the crowd, in terms of selling what is shiny and new and with the temptation to just sell the low hanging fruit. We have specific areas where we see massive potential and we spend a lot of time researching areas that could suit our clients. – it is about the deal itself.
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GET IN TOUCH. Kinnerton House Bell Meadow Cuckoos Nest Pulford Chester CH4 9EP +44 (0) 1244 343 355
GENERAL ENQUIRIES info@residential-estates.co.uk
Residential Estates @res_estates residentialestates company/residentialestates
Residential Estates is proud to support the following charities
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Kinnerton House, Bell Meadow Business Park, Cuckoos Nest, Pulford, Chester, CH4 9EP 01244 34 33 55 www.residential-estates.co.uk