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Owned by Fayokemi

An invested community for property investors, entrepreneurs, and industry professionals looking to learn, connect, and grow! Easy access to BMV deals

12 contributions to Property Wealth Circle
Friday tip: look at what sold, not what's for sale
Happy Friday everyone 👋 This week's tip is a simple one. When you're getting a feel for an area, look at what has actually sold and let nearby, not just what's for sale today. Asking prices show what sellers hope for. Sold properties show what buyers really agreed to. Free tools like Rightmove's sold house prices and the Land Registry make this easy to check, and it's a habit that keeps you calm and realistic before you fall in love with any property. A big shout out to everyone who has said hello in here this week 💛 Every question you ask helps someone else too, so keep them coming. If you'd like to go deeper, join me on Thursday 12 November at 7:30pm (UK) for my free live webinar, The Property Wealth Blueprint, Live. 45 minutes of teaching, then 15 minutes of live Q&A. It's a small group, so free spaces are limited. 👉 Register to reserve your free spot: https://www.prepg3.co.uk/wealth-blueprint Your joining link arrives by email after you register. Educational content only. Not financial advice.
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Free live webinar: Thursday 12 November, 7:30pm
Hi everyone 👋 I'm hosting a free live webinar, The Property Wealth Blueprint, Live, for busy people who'd love property to fit around work and family but don't know where to start. One hour: 45 minutes of teaching, then 15 minutes of live Q&A for your own questions. I'm keeping the group small, so free spaces are limited. Register to reserve your spot: https://www.prepg3.co.uk/wealth-blueprint Your joining link arrives by email after you register, plus my 3 free guides. Educational content only. Not financial advice.
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Free live webinar: Thursday 12 November, 7:30pm
Quick question for you 👇
What's the one thing holding you back from your first (or next) property right now? Time, money, know how or confidence? Drop it below, I read every answer 😊
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Deal breakdown: a vacant shop in Shaw, going to auction
Happy Monday, everyone! ☀️ This week's listing: 55 Market Street, Shaw, Oldham. 🏠 What it is A two storey town centre shop opposite Crompton Shopping Centre, a short walk from the Metrolink. Vacant, about 892 sq ft: shop downstairs, two rooms, kitchen and bathroom upstairs. Guide price £130,000+ at auction on 25 and 26 November. 🔍 What to check • Title: the agent says freehold, Rightmove says "see legal pack". Read the pack and confirm. • Leases: vacant, so no tenant to inherit, but nobody paying rent yet either. • Condition: "some refurbishment required" and an EPC of E. Get builder quotes before you bid. • Planning: a flat upstairs needs consent, and both floors share one front entrance today. • Demand: who would rent the shop, and who would rent the flat? Ask local agents. 💷 Value and price The local agent also lists it at £145,000, after a price cut. Now it's at auction with a lower guide. That tells you the seller wants a sale, not that it's cheap. The reserve can be up to 10% above the guide, and there's a 2.4% buyer's fee on top. 🚩 Red flags It's an unconditional sale: you exchange when the hammer falls and pay a 10% deposit. The auctioneer hasn't inspected it. Check the legal pack for extra fees. 🔑 Key lesson Set your maximum before auction day, including fees and works, and stop there. Would you view this one? What would you check first? 👇 https://www.rightmove.co.uk/properties/94956375 Educational content only. Not financial advice.
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Friday tip: the asking price is just the start
Happy Friday, everyone! ☀️ This week's quick tip: before you fall in love with a property, look up what similar homes on the same street actually SOLD for. Asking prices are hopes; sold prices are facts. It takes 10 minutes on the Land Registry or Rightmove sold prices, and it can save you from overpaying. And a big warm welcome to everyone who joined us this week 💛 Pop a hello below and tell us one property goal you have for the next 12 months. Have a lovely weekend!
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Fayokemi Hunja
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@fayokemi-hunja-7245
I'm passionate about helping people unlock the potential of generating wealth and creating legacy through property investment

Active 2d ago
Joined Oct 28, 2024
Manchester, United kingdom