Brava Property Group

04/09/2023

We are delighted to have had planning approved on what is our biggest and most ambitious project to date.

We're converting a former Grangemouth office into a 6 bed multi occupancy unit operated exclusively as serviced accomodation.

Our aim is to create 'a home away from home' feel for the many contract workers that service the many industrial sites in Grangemouth.

As always we'll be rennovating to a high standard and we are excited to bring this building back to use.

Keep an eye out for updates!

Brava Property Group was looking for permission to change the use of the premises at Alexandra House, Station Road, Grangemouth from an office to a house in multiple occupancy (HMO).

18/08/2023

We’ve come to the end of our Aberdeen project on Calsayseat Road!
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We’ve just agreed to let this 2 bed flat for an incredible £875pcm 😮️
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This is £125 more than we expected when appraising the deal 😅 which is useful when mortgage costs are hammering cashflow!
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Another quality unit added to the portfolio. Another quality refurb carried out, this time by & her team 🤩️
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More content from this project to follow 🤛️
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03/05/2023

Off Market Deal 👀
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1 bed flat in Alva
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Co-sourced with to an overseas investor
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This property was brought to us by a client and we paid her a £500 referral fee!
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Value - £45-50k
PP - £39.5k
Refurb - £3k
ADS - £0
Rent - £475pcm
Gross Yield - 14.4%
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Sign up to our mailing list for deals - link is in our bio - otherwise drop us a message!

26/04/2023

Off Market Deal 👀
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1 bed turnkey flat in Alloa town centre
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Co-sourced with to an local investor
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Valuation - £50k
PP - £42k
Rent - £425pcm
Gross Yield - 12%
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Sign up to our mailing list for deals - link is in our bio - otherwise drop us a message!

12/04/2023

28/03/2023

What Does Wealth Mean to Me?
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For me Wealth is having the freedom to do what you want, when you want, with the people that matter the most.
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Owning assets which produce income and having equity in a business are the foundations for being able to live your life on such terms
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Property is an incredible vehicle as you can use multiple strategies to achieve these goals. Genuinely enjoying the process is an added bonus!
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It’s a process where you are constantly learning, challenging yourself and taking risks. Joining a network of like minded people with a breadth of experience has been a game changer 💥
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a.lang

15/02/2023

Last but not least for Q1 2023 we have Alexandra, a class 4 commercial unit in Grangemouth
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This project will be our biggest yet and is set to challenge us on all fronts
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We are purchasing this one with our SSAS and plan on carrying out part of the development under it’s ownership
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We plan on converting this office space into a 6 bed HMO to service the high demand for contractor accommodation in the area
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We’ll then sell this back to our residential limited company prior to the completion of the residential conversion
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Like all of our projects, we plan on going the extra mile with the renovation and truly making it a ‘home away from home’ for it’s residents
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We spoke with our solicitor yesterday who advised there’s just one minor point holding this up, so hopefully we’ll have the keys in the next week or so!

07/02/2023

Next up for us in Q1 is Calsay - A 2 bed first floor flat in Aberdeen
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This deal was sourced on to us through our network
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We’ve been looking to get involved in Aberdeen for some time and this is the perfect first deal for us
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We’ll do a light refurb, put it straight on the rental market and go for refinancing later in the year
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This will also be the first project we outsource the majority of the works and project management!
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We hope to collect the keys this week so expect more updates on this one soon!

31/01/2023

2023 kicks off for us with no less than 3 deals completing in Q1
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The first of which is Carla - a 3 bed terraced ex-LA in East Lothian
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We sourced this deal off market in April last year, and it has been a somewhat complicated legal process
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The property has been inherited and is in need of a full work over but it’s a wee belter of a deal!
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The great thing about this one is that we have multiple exits - to the point we aren’t 100% sure what we’ll do post refurb
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Either way, we are buzzing for the opportunity to bring this house back to life and make it a home for someone.
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There’s not many pictures at the moment but once we complete we’ll share more pictures and of course the deal numbers!

31/12/2022

Well, what it year it has been for us! Both professionally and personally
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💸20k profit on our first flip
🏘1 unit added to the portfolio
📲Ran our first marketing campaigns..
🔍..sourcing our first off market deal
🤝Onboarded our first private investor
📈Joined a mastermind group
✅✅2 offers accepted in Q4
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The truth is though, if we had written this post a couple of months ago, the tone would be completely different
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This time last year we set out to add 5 units to the portfolio and generate some trading income
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By the end of Q3, we’d only added 1 unit and after finishing Croft Place we lost a bit of momentum
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Growing a property business is difficult and takes a lot of effort and sacrifice. Throw in full time work, family, social life etc - it’s tough
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The main message for us from 2022 is that if you find yourself feeling the same - keep plugging away, it will pay off(see last picture)
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In early 2023 we will have at least 3 completions going through
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1 standard buy to let, 1 commercial to resi conversion and 1 HMO project
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3 big projects that will seriously challenge us and a great way to start the year
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Hope everyone has had a great 2022 and the very best for 2023 - cheers for following & supporting us

09/09/2022

Are you looking for property deals? 👀
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We are about to start our second round of off market sourcing
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Our first campaign was a success but we are expecting much more this time round
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If you are looking for property deals, sign up to our mailing list(link in bio) to be the first to receive them
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bit.ly/3D3NUjt
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07/09/2022

OUR PLANS
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We thought we’d share our plans for the next few months as we have somewhat changed our strategy
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With the market slowing down, interest rate rises and rent freezes(🤦‍♂️) we feel there will be plentiful opportunities in the near term
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On the back of this we’ve decided to sell one of the units we purchased earlier in the year and we will exit Croft Place in the coming weeks.
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The profits from these two sales alongside the released capital means we are liquid and ready to seize opportunities
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We’ve also raised more private finance which further strengthens our buying position
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Additionally we are kicking off our second off market lead gen campaign, taking all the lessons from the first one and implementing the changes
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We hope to trade deals with fellow investors so please reach out if you are looking for deals!
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In summary
1️⃣️Be in strong buying position with unit sales & cash release in readiness
2️⃣️Build up our sourcing business
3️⃣️ Continue to raise private finance

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