The Bank Job- Stuart Wyeth on Scaling Up From HMOs to Commercial Conversions
Update: 2024-02-08
Description
Stuart Wyeth is an experienced property developer focusing his efforts on commercial to residential conversions. Repurposing old dilapidated commercial buildings and turning them into low carbon, highly efficient rentals properties.
In this episode:
- Stuart takes us through his story of how he built up a successful loft conversion company and then made the leap into developing his own projects.
- He explains why he effectively runs 2 strategies along side each other- commercial to residential conversions into blocks of flats, but also HMOs.
- Stuart explains why he doesn't sell anything and how his JV structures and model allows him to hold everything back for long term rental.
- We discuss the ins and out of his investment strategy. From his chosen locations to why he's niched down and focuses on buying bank buildings.
- Lastly, he shares a number of the lessons he wishes someone had told him.
Enjoy!
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*Disclaimer*
As always, the content in this episode is for informational and entertainment purposes only and are the views of the host and guests. This information is NOT financial advice. Please speak to a professional advisor and do your own due diligence when looking to invest in property and business.
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