At Open Invest Group (OIG), we uncover high-potential investment opportunities through our nationwide lead generation efforts. But we can’t buy every property - so instead of letting great deals go to waste, we’re offering them to savvy landlords like you through our Investor Group.
Tell us about yourself and what you’re looking for. Have a location or property type in mind? We’d love to know.
Once we have the basics, we’ll be in touch to discuss the finer details, such as your budget, financial position and investment strategy.
We don’t want anything to hold you back once you’ve found the perfect property, so we’ll verify your financial status and complete mandatory AML/compliance checks upfront.
We will email you daily or weekly with new opportunities, while always keeping our eyes open for properties that tick your boxes.
Are you in the market for properties priced below their open market value? If yes, you’ve come to the right place. IOG is the first port of call for sellers who need to dispose of a property quickly, therefore we always have a good stock of BMV (below market value) homes. In most cases it is the owner, not the property, that finds itself in distress and a quick property sale is often the only solution.
From a death in the family or divorce, to a looming repossession or a business emergency, some situations can’t wait for the highest offer to come from the open market. When speed matters, we help owners willing to accept a low, off-market offer in return for a guaranteed sale.
IOG is so successful in securing BMV properties that we need to re-sell many on to like-minded investors. The flats and houses we’ll send you may give you instant equity and present ready-made buy-to-let opportunities – all at up to 40% below their market value. What’s not to like?
Although many below market sales are a result of financial distress, ensure you see a full sales pack ahead of a purchase. Due diligence really matters, so scrutinise comparable properties currently for sale, check the value of similar recently sold properties, ascertain the achievable rents on such a property and ask to see a condition report.
Thinking of investing property? You’re in good company as IOG finds buy-to-let properties for all types of investors, from first timers to experienced portfolio landlords. Property is a great choice if you don’t have a pension, are sceptical about stocks and shares or remain unconvinced about cryptocurrency.
Many investors come to IOG to start their buy-to-let journey. The good news? If you own your own home or have ever rented a property, you’ll already have a head start! We can add the expert knowledge you’ll need for a successful investment, explaining aspects such as yield, tax, compliance and management. Our buyers also benefit from a direct, transparent relationship, with no middle men.
Experienced investors will recognise when a property for sale represents a high-yield opportunity, that’s why we’ve chosen to focus on below market value houses and flats. Buy from us for immediate equity potential, room for capital growth and market-ready buy-to-lets.
There’s some number crunching to do before you start your buy-to-let journey. Intrinsic to your investment’s financial success is the deposit you can raise, the buy-to-let mortgage you can secure (buying with cash is even better), the price you pay for a property and the rent you can achieve. Together, these sums represent your yield and income potential. You’ll also have to register to pay tax on your earnings, and swat up on lettings legislation and compliance, unless you pay for a professional property manager.
Don’t overlook offices, retail premises, warehouses, hospitality venues, industrial units and leisure facilities when it comes to income-generating investments. Bought at the right price and in the right location, commercial properties can produce head-turning returns. With this in mind, IOG concentrates on selling below market value commercial properties.
When investing in commercial property, you’ll need to pay particular attention to the yield in relation to the premise’s location and the type of industry it serves. Like buying a residential buy-to-let, there will be stamp duty and legal costs to pay, as well as a professional management fee if you’re employing an expert. Don’t forget to budget for running repairs, maintenance, insurance and safety inspections.
With a limited number of ‘halls’ places available and a rising number of undergraduates, you’ll be making a great investment if you choose student lettings. IOG has properties for sale near the UK’s leading universities, so there will be tenants waiting for every purchase you make through us.
With universities in almost every major town and city, there really are investment opportunities around every corner. As well as a choice of locations, there’s also a choice of student accommodation, which includes:
When you think about a typical student house, you’ll probably imagine a HMO. A HMO is defined as a building, or part of a building, where at least three tenants live, forming more than one household (a household is defined by the Government as either a single person or members of the same family who live together). A large HMO is classed as a property where at least five tenants live, forming more than one household. All HMOs have shared basic amenities in common, such as a communal kitchen or shared bathroom.
Developers are responding to increasing numbers of students by building new apartments specifically with student renters in mind. These brand-new blocks often have communal facilities, a proximity close to the university’s campus sites, bills included, brilliant broadband and high levels of security. In fact, this type of accommodation is so student friendly that university housing officers often promote PBSA properties on behalf of landlords.
Don’t discount smaller houses and flats that would suit two or three students, especially apartments in established developments. Properties with en-suite bathrooms and large lounge areas rent well and hold their value, especially those within walking distance of campus, shops and transport links.
Many students expect to rent on a ‘bills included’ basis, which will affect your income calculations. You’ll also have to factor in a high turnover of tenants, and plan for increased wear, tear and unintentional damage. The good news is student let landlords can schedule maintenance for when students vacate over the summer months. Remember, if you are chasing yields in university locations away from home, you may need a professional property manager to look after the day-to-day running of the let.
If a HMO (house in multiple occupation) is on your investment shopping list, IOG can match you with the right house or large flat for sale.
A HMO is defined as a building, or part of a building, where at least three tenants live, forming more than one household (a household is defined by the Government as either a single person or members of the same family who live together). A large HMO is classed as a property where at least five tenants live, forming more than one household. All HMOs have shared basic amenities in common, such as a communal kitchen or shared bathroom.
Landlords may need a HMO license to operate – some of these are discretionary while others are mandatory, linked to the number of tenants and even the height of the property. There are also additional legal requirements, compliance issues and regulations attached to a HMO, although these can be handled by a professional property manager. If you’re not buying for cash, landlords may need a specialist HMO mortgage.
Fancy yourself as a property developer or makeover queen? We’ll find you a property that needs renovating at a price that will turn you a profit. Some of our most heavily discounted flats and houses for sale need a little TLC (some a lot) but we know there are some imaginative investors waiting.
There are two main investment strategies when it comes to a property that needs renovating. You may want to ‘flip’ the property – buy it, do it up and sell it on quickly in a much better condition and for a higher price that you paid for it. Alternatively, you may want to redevelop a property, retain ownership and rent it out for short- and long-term returns.
A thorough survey is essential! You’ll need to know what you’re taking on before jumping in with two feet. Although you can work with problem properties and rectify almost any condition – such as damp, fire damage and even subsidence – ensure you know how much it will cost to carry out the works (factor in materials, labour, VAT and the unexpected). If your sums are not accurate, you may end up making a loss. Also bear in mind that if the property is classed as uninhabitable, you may not be able to finance the purchase with a mortgage and will, therefore, need to buy with cash.
