The Croft, Northumberland

Project Overview

This 3 bedroom, 1 bathroom property was secured through a direct-to-vendor letter campaign. The owner contacted us as they needed to sell quickly for personal reasons. The property had spray foam insulation in the loft, making it unmortgageable, and had previously failed to sell on the open market. The property was purchased off-market for £105,000. A total of £17,000 was invested to remove the spray foam insulation, repair and re-slate the roof, carry out internal decoration, and replace carpets throughout.

Strategy Used

• Direct-to-vendor acquisition
• Problem property solution (spray foam removal)
• Roof replacement & internal refurbishment
• Capital growth and rental optimisation

Results & Outcome

By resolving the mortgageability issue and completing essential structural and cosmetic improvements, the property achieved substantial capital uplift. This project highlights how solving complex property issues can unlock significant value and create strong income-producing assets.