Build to rent - can it be done in South London? Rohit Chopra does it with great success

On today's episode of the #DownToSouthLondon Podcast I interview Rohit Chopra. Rohit has been in property for longer than me and he has made a local success in Peckham! Coming from a retail background he moved over into property and over the years expanded his commercial and residential portfolio in South London. A truly inspiring story! I was lucky enough to be show around the development he currently has going on and I can say it's a very impressive build in terms of size, number of units and sheer work put in to it all. Rohit is a very humble man but don't let that fool you, his journey is one to learn from. Build to rent is his main strategy, see what you can pick up from his interview. Click here to listen to the podcast.

Show notes:

01:00 intro and Rohit's background
03:16 Transition from retail to property
05:30 How to decide what to build on the site
07:00 Where did you find the knowledge from to build?
09:12 Natural progression into bigger and better and the pitfall of too much too soon.
12:00 Overcoming (inevitable) hurdles with contractors
14:50 Rohit's top three lessons in property
18:50 Specialism vs drilling down into a niche
23:00 Risk vs speed
26:00 Focusing on longevity through property development and management
30:52 What's next?


If you're looking to get in touch with Rohit do drop him a line on rohit@radnorproperties.co.uk.


As always I'd love your comments so do send me a line or if you're interested in finding out more about property training or even have me source a suitable investment for you check out www.jeroenhoppe.com

Latest Peckham project - complete!

As you will know I'm always working on a project or two, but I've been so busy recently I've not had a moment to post the most recent completion (of refurbishment that is).

I've made a little video walkaround so that you can see the finished product. A light blue (Ocean Skies) theme this time; fresh, bright and airy. In brief this property was fully refurbished. This included rewiring, new plumbing, new woodwork throughout and of course a new kitchen (in a new location) and a new bathroom.

Have a look at the video and I look forward to hearing your comments.

Living Room - Before

Living Room - After












Video:

I hope you enjoyed my video. Do let me know if you are looking to invest and you could use a hand. if you are a ready and able investor sign up to my list that will bring packaged deals to your inbox! If you are looking for no-obligation advice then drop me a line and let's start the conversation.

All done and LET at £3225pcm - East Surrey Grove SE15

Well another successful refurbishment has been completed, and it's about time I tell you a bit more about it.

This particular property was much unloved, as you probably noticed in the previous video I did when I acquired it. Good news, the refurb is complete and went without any hitches; completed largely on time and no snags worth mentioning at all! Best yet, I had a group of tenants waiting to move in as the builders removed their tools on their last day because they had missed out on the last refurbishment project I did in Peckham.

So here are a few before and after pictures to wet your appetite. 

Look at the complete video here.

I am currently raising further funds for my next project in the pipeline. Are you looking to increase returns on your savings through passive investment in one of my projects? Perhaps you are looking to learn how to invest for yourself? Get in touch: jeroen@claphampropertyblog.com!

Latona Road in Peckham - now let at £3150pcm. How are your returns?

Here's a little video walkthrough of my latest completed projected. I managed to let this property at a rent of £3150pcm, which translates to a yield of 8.4% as the property was revalued at £450,000.

watch the full video here: https://www.youtube.com/watch?v=S8w3aAVXe2s&t=13s

If you like this video please like, comment and share and join the Clapham Property Blog community on Facebook, LinkedIn and Youtube. If you prefer old fashioned email just drop me a line or come and meet me in person at the Clapham Property Meet!

Acquisition in Peckham - time to show you around!

Here's a quick update video on my latest acquisition in Peckham. I purchased this property together with a joint venture partner who is also looking to expand his portfolio and we will be offering, once again, much needed high quality accomodation to the Private Rental Sector.


Watch the video here: https://www.youtube.com/watch?v=OBiwFbETQVY

If you are interested in seeing properties that I have sourced and negotiated a super purchase price on, be it on or off market, then sign up here. As always if you'd like to come and have a look at one of my projects just drop me a line and let's start the conversation. Or allow me to answer your questions in person at the next Clapham Property Meet!

Second Sourced Property of the year - Exchanged! Video Tour for you to watch! 👀😎🏚➡️🏡

And here we go! Another property has been sourced by WeSourceLondon.Properties, my deal sourcing and packaging business. In this video I take you around the new project and show you what we're going to do.

If you are interested in seeing properties that I have sourced and negotiated a super purchase price on, be it on or off market, then sign up here. As always if you'd like to come and have a look at one of my projects just drop me a line and let's start the conversation. Or allow me to answer your questions in person at the next Clapham Property Meet!

It's that time again - for an update on my Peckham Project!

Update on my Latona Road project. A stunning refurbishment of a run down property. It will end up being a 5bed 2bath luxury apartment for professional sharers. i purchased with bridging finance and will refinance on to a long term product once I've added £100k of value and the property is let at circa £3000-3250pcm. Nearly done, just painting and tiling and we'll get it all dressed ready for immediate occupation!

Have a look at the video and follow the progress!

December update Latona Road SE15 - 1 month in!

Well here we are, I'm a month into this lovely rental property. Acquired at a bargain price of course, this will be the pinnacle of my rental portfolio. I'm really looking forward to this one of course, it will be finished to an even higher specification than my previous rental properties, so stand by to be impressed!

This is a 5 bedroom, 1000sqft property that we're adding a shower room to as well as the usual back to brick refurbishment. Watch the video for more!

If you are looking to either invest in one of my projects or perhaps have me source a property for you then do get in touch. if you would like me to email you opportunities DIRECT to your inbox as and when they arise then register here. Now remember I offer a FULL service so from acquisition to refurbishment to dressing, letting and managing. It doesn't get more hands-off than that!

Rental Property Version 2.0 and Fundraising Success! Peckham here we come!

You may have seen my recent posts on social media about fundraising for a new project. You'll be keen to know I've taken on another three acquisitions this month, all due to complete in the next 30 days!

These three properties are all going to be fabulous high-quality homes for the private rental sector. In fact I'm so confident that the product I'm offering is so in demand that I am raising the standard with these. I'd like to call it version 2.0. Simply put, I am offering a higher quality of finish.

Sadly my project at Camberwell was so closely planned that the tenants moved in moments after the builders had vacated; the earlier project in Deptford had a few weeks before the tenants moved in. Alas my excellent pre-completion marketing meant I had cut it too fine!

Nonetheless I did manage to take a few shots of the new and improved colour schemes, and I must admit I was very pleased with the result - as were the tenants!

I have included a CGI I had made before the builders set about their work and I must say there is a remarkable resemblance! Pardon the door, it still needed to be hung.

 As you can see the project has indeed come along a little bit in terms of decor. Hopefully more photographs soon when I go to inspect the snags that were reported.

More to the point: I am currently fundraising for the projects I have taken on. Earlier in the week I announced that I required £150,000 in order to complete the acquisition and refurbishment of the last of the three in the pipeline - I have already spoken to half a dozen investors and one has already already committed with another signing contracts tomorrow, a joint investment of £75,000. Halfway there. So my question is this: do you have savings in the bank earning you a paltry rate of interest? My development company, JXH Developments, pays private investors like you between 8-10% per annum for loans upwards of £20,000. Would you be interested in becoming a passive investor in my property projects? I would love to hear from you, so get in touch to start the conversation!