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Hastings Homes

Welcome to Hastings & Hastings Homes.

This Site is destined to showcase our projects, but also provide information as to how you can get involved and invest yourselves.

We are following our business plan to create a portfolio of Buy to let properties, each providing a profitable cash flow.
We provide good returns on investment, for anyone wishing to assist us as we build our portfolio.
As we grow, so will our investments, and naturally so will the profitable opportunties for our investors.

Please browse our site, and our deals on offer, and let us know if you want to be involved...

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The Cemetery Road Project

Cemetery Road marks our first foray into property. House purchased Sept ’14

The project plan involved the purchase of a heavily distressed house at a much reduced price and invest in its refurbishment. Once complete, the subsequent increase in its value would allow a mortgage which would pay of the cost of the purchase and its refurbishment. The house would be put under a buy to let mortgage and rented out privately; the resulting rent allowing for the mortgage repayments, fees and a weekly cash flow for us.

Before the Refurb

Front

Stairs

Reception Room 1

Reception Room 1

Reception Room 2

Kitchen

Kitchen

Kitchen/Bathroom

Bathroom

Kitchen/Utilty

Utility

Utility

Rear door

Rear house

Stairs

Room 1

Room 1

Room 2

Room 2

Room 3

The works involved: complete gut – back through the old mortar, and then rebuild; damp works – including the sealing of the rear of the house with membrane, floors and walls; removal of all rotten wood and replace; Roof renovation; replacement of doors and windows; re-plumbing; rewiring; new kitchen and bathroom suites; removal of wall in kitchen to bathroom; new ceilings; and complete redecoration including carpets and laminate.

After the Refurb

Stairs

Reception Room 1

Reception Room 2

Room 1

Room 1

Room 2

Room 3

Utility

Kitchen

Kitchen

Bathroom

The project was estimated to take 6-8 weeks, (we allowed up to six months in our projections) with a budget of £20K, however the build team encountered many problems, exacerbated by complications with the finance sources, and the project overan in time and money. The refurb was finally completed one year later, the house mortgaged, and rented in November. We did succeed in repaying all our backers after mortgaging.