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Introducing the One World team and our service

Who are One World Properties?

You may very well be asking yourself while you are perusing our website, just who is One World Properties? Well here is it answer!

The One World Properties team is headed up by Iain Paterson, who has over 25 years experience in buying and selling properties while running a successful manufacturing company in the West Midland. Now based in Mid Wales, Iain has now moved to sourcing, investing, developing and selling properties full time while running a successful residential & holiday lettings agency with wife Liz Paterson. Iain's experience has included large scale refurbishments of residential and commercial units, change of use, light residential refurbishments, lease option deals, HMO's, care home developments and purchases abroad.

Through a growing reputation and a growing business One World Properties has in true family business style, employed son Scott Paterson with a background in building surveying and partner Sarah Philips who together have experience with HMO properties in Nottingham student areas.

Our reputation

The One World Properties service

Step ONE

We source the properties & Due diligence:

  • On every single lead we generate either through our vendors website, leaflet drops or word of mouth. We carry out due diligence concentrating on the true market value of property by looking at local sold prices, local for sale prices and local market trends as well as any specific features of the property, in order to ascertain a realistic market value

  • We carry out the exact same due diligence in order to ascertain a realistic rental value for a property. Enabling us to calculate accurately a properties cash-flow and yield values, which are of paramount importance in any property investment.

  • We are confident in any values we quote so much so we offer a valuation guarantee.

WE WILL REFUND 50% OF YOUR VALUATION FEE AND ALL OF YOUR RESERVATION FEE IF THE OFFICIAL VALUATION FIGURE PROVIDED BY THE MORTGAGE LENDER IS 5% OR LOWER THAN OWP HAVE STATED IT TO BE.

Step TWO

We package the deal:

  • Once the due diligence is complete we negotiate directly with the vendor for them to sell their property at reduced price. This is part of our key investment criteria and the deal will not proceed if the numbers don't stack up.

  • In order to package a deal it must fit our key criteria which is as follows;

    • The vendor must agree to sell at least 25% BMV (30%) in many areas

    • Must have a yields above 6% but we aim for 8%

    • Must have a positive cash-flow that overs the mortgage by least 125% but again we aim higher

    • The property must have a long term capital growth potential. This is helped by acquiring property at 25% BMV and enables you as an investor to make excellent returns weather you invest for the short, medium or long term.


 

Contact our friendly team for more information on any deals, please call 
Office tel: 01654 712470

Iain: 07976983438

Scott: 07843092006

email: info@1-world-properties.co.uk 

 

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