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Hello, 

 

Tristan here from Brighton. 

 

I am a farmer from south east England , over the last 2 years I have become involved in commercial development and lettings having played a large part in the conversion and development of an old dairy farm. I now manage the current 32 workshop units which are let to individuals and small businesses. We hope to expand the site further in the future as we are experiencing very high demand for out of town affordable office and light industrial workshops. The learning experience of this process has been vast and I would be more than happy to share what I have learnt so far with anyone interested in small scale commercial workshop development and lettings.

 

In 2015 I invested in residential property for the first time, it was a JV with my father. Given the recent stamp duty changes and my wish to move in with my girlfriend we have decided to sell the current buy-to-let so we can buy a property of our own, avoiding the higher rate stamp duty and using the money made from the investment. With prices in the south east almost out of reach for us we are looking in the Hailsham, Eastbourne and Polegate area. We work about an hour away from these locations and ideally we would rather live nearer Crowborough/Uckfield. 

 

Our strategy is to do a fix and flip in one of these areas in order to generate some cash so we can afford to move closer to where we work. I'm also desperate to still have enough money to invest in a buy-to-let up north along the HS2 route in the next 2 years. 

 

We have viewed about 10 properties in these areas over the last 2 months, all needing varying amounts of work, we keep being out-bid and are struggling to find the opportunity to flip for good money within a 6 month time frame.  

 

Any advice on my strategy, the Hailsham, Eastbourne and Polegate area as well as fix and flips would be much appreciated. 

 

I have included a few photos of our current development. 

 

Many Thanks, Tristan IMG_2977.thumb.JPG.a2bef1a1376f67183d4b93f2d870cde7.JPGIMG_2984.thumb.JPG.42a17d69755cc7fbe2c6b50c75237f92.JPG

 

 

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