Case Studies

Project Hallgate Case Study

BACKGROUND

The property is a mixed use (retail shops & residential) in Wigan which had become problematic for the owners due to the collapse of the drain and the subsequent tenant management issues

The property was purchased by Silver Sheds in April 2024 after a very lengthy negotiation period of up to a year with the previous owners who are based in the middle east. They bought the building in 2020 at £290k and due to the ongoing issues sold to us for £210k in 2024. 

The property has now been fully occupied since we completed renovation in Jan 2025 by professional tenants. 

Before

After

GDV £330,000
Total Cost £270,000
Refinance (75%) £247,500
Cash Left In £22,500
Rent £3,742
Mortgage (£1,380)
Expenses (£100)
Net Rent £2,262
Annual Net Rent £27,144
ROI 120%

Caveat – The figures, projections, and examples provided are based on our own actual transactions and experience. However, they are for illustrative purposes only and do not constitute a guarantee, warranty, or prediction that future transactions will achieve the same or similar results. Outcomes may vary depending on market conditions, financing, location, timing, and individual circumstances.