How we work

  Lewis Pownall is a development company working to bring life to property by renovating abandoned and lifeless properties, ripening them into desirable self contained homes.   Experience  has helped us perfect how to maximise returns by spotting the marginal gains which other property developers in Swansea often miss.

How we create beautiful homes is simple. The process is clean, clear and concise and concentrated on buyers who appreciate style and trend.

Whilst we are a young growing company, our aim is to establish ourselves solidly within the property developers  market.     

The process below explains our approach to how we purchase property and renovate/development to offer modern homes to the market. 


HOW WE WORK 

SOURCE

Identify properties fitting our criteria for potential.

1

ADD VALUE

Renovate / develop to realise maximum potential.

2

REALISE FINANCIAL RETURNS

Let the property and or sell for capital gain.

3

CAPITAL RETURN

Return capital to investors.

4

The Process In Detail

STEP 1




  Source in desirable locations


 

Investing in property is fun and fulfilling. It's a long term  activity and requires a big element of experience and professionalism.


Based in South Wales, we look out for properties in locations that have city centre plans to regenerate and expand, seeking out both urban and semi rural areas. With a lack of  smart properties for families and retiree's and a demand for modern, open-space multi-functional homes with smart techonology for those who can  afford luxury, we can see  exactly how we can create the right homes to bring to the market. These choosen locations have evidence of a stable market,   good employment levels for high paid roles in or on the commuter belt and good highway access. 

Our chosen locations of investment include Swansea, Neath Port Talbot, Llanelli and Carmarthen. 


With funds secured,  properties can be purchased quickly. Joint venture properties are purchased via SPVs (Special Purpose Vehicles). The structure  reflects the agreed profit share, with  investor funds covering all costs  including the purchase, renovation and sale of properties. Investors are involved on a  fixed rate return basis which is normally 5%+.       

STEP 2

       Add Value


Experience has helped   to maximise returns by spotting marginal gains. Gains which other developers will miss. We seek higher yields and bigger margins. Risk is minimised by working quickly to strip the property back (where necessary), create modern openplan spaces, utilise smart technologies (where apropriate) and move quickly to sell or to let. We're creative in the ways we secure property allowing flexibility to the vendor, offering them a number of selling options. 


Our refurbishment generally consist of:


Strip out - clearing the property  and going back to brick

Install sound proofing, damp treatment and  up   to date installation specificatiin and fit new structural features

New electrics, fire safety means, central heating and  plumbing installations

Finish off with plaster, paint and any dressings necessary for sale/let.


The buildingy design will have the right layout and necessary amount of rooms or space to ensure its high demand and  profitability.  The properties are designed with smart layouts and some of the latest technologies making these properties ideal for the new generation culture thats fit for both the  postgraduates and  retiree's.

STEP 3



              Realise Financial Returns


The property purchases will be structured in a way which is tax efficent.   A decision on whether the property is bought to sell or bought to let is decided prior to purchase. In cases where plan A may not manifest , plan B or C will be explored and carried out. All  outcomes are planned to have a financial  gain.


Funds obtained from Investors on a fixed rate return are used to purchase, renovate and dress these properties as many times as we can until funds are returned within the agreed time frame of 1, 2 or 3+ years.     


The right location is paramount. People want to live in affluent areas with good transportation links and a nice community feel. Designing the right home for the perfect family takes research, method and intense eye for detail.  Space is created and re-design ideas are crafted increasing the price per square foot.


We achieve a high standard and employ discounted and flexible pricing structures.  We understand that markets change  and therefore review pricing constantly to ensure we are up to date, allowing us to aim for optimum  occupancy and price. Properties are both sold and let via external agencies whom are well established in the market.




Capital gains/Funds returned


With fixed loan arrangements,  funds are returned within the agreed time scales. The monitary interest accumulated over time is paid alongside the original capital on the anniversary of the loan.

Joint ventures receive monetary rewards when the project is complete and sold on to new buyers or when the property has been refinanced after letting. Joint venture profit shares are  usually formed as a 50/50 split after all costs.


Joint ventures can expect to gain their financial investment returns back plus share of profit within 9-12 months however may be able to be returned sooner if the property is sold quickly and the new buyers mortgage doesn't fall through.



Investments of any nature cannot be guaranteed but we can state transparently  that we will deliver returns to our investors and are able to provide gurantees to add security to your investment.   


The financial outlay needed for each property joint venture  differs and is looked at on a deal by deal basis. Love property? Then you can join us on a specific deal and share the profit 50/50. This rewarding way is  known as equity partneship.         

STEP 4

One phone call or email will get all your questions answered. Get in contact today...