Buying your first property is a significant milestone, especially for someone as young as 22. This is the story of a determined individual in North Wales who decided to take the plunge into property investment, laying the foundation for a promising financial future.
With savings building, Jack was eager to get on the property ladder. His goal was to buy a property and enter the world of buy-to-let, a smart way to invest early in life. He knew that property investment could provide a steady income stream and potentially lead to long-term financial security.
Jack approached us through our 15-minute landlord discovery call. Firstly, we were really impressed to get a call from someone so young and sensible. He explained how he wanted financial security that would allow him more freedom in other areas of his life. But he didn’t quite know where to start.
During this initial consultation, Jack learned about the various aspects of property management and the support he could receive from us at Cavendish. With our help, he made the decision to go down the property management route, ensuring that his investment was in capable hands.
That decision meant we could alleviate some of the stresses from Jack as a first-time landlord. We were able to help him navigate the complexities of landlord compliance, ensuring that he was following all the necessary legal requirements.
We then advised the best rental prices to maximise the yield on Jack’s property. We also saw more potential in the property and with some minor adjustments to the property we were able to help him increase the value of his property.
Regular property inspections were carried out to ensure that everything was in good working order. When issues were identified, trusted contractors were contacted to carry out necessary repairs or renovations.
We utilised our marketing channels to advertise the rental property, attracting potential tenants. Once we had a handful of potential tenants, we helped Jack select the right tenants by conducting background checks and screening applicants thoroughly.
Once the tenants were in place, we took care of the logistics, checking them into the property and acting as a liaison between Jack and the tenants as they settled in. This eased the burden of day-to-day management for Jack.
Now, at 22 years old, Jack owns a property in North Wales that generates a consistent income each month. He describes the experience as “completely stress-free.” And we are so happy we can help a new landlord this early in their property journey.
Jack’s story is a testament to the fact that with determination, guidance, and the right support, even young individuals can make smart investments that pave the way for a financially secure future.
Are you inspired by Jack’s story and ready to start your own property investment journey? Contact Cavendish today for a free consultation and discover how we can help you achieve your property investment goals. Don’t wait; secure your financial future now!
Cavendish Rentals Limited t/a Cavendish Rentals
Company Registered in England and Wales. Company Number 03689406
Registered office: 2 Hilliards Court, Wrexham Road, Chester, CH4 9PX, United Kingdom
VAT Registration Number: GB 728 7753 89