A new Bristol-based property company which enables people to invest in the property market is celebrating the purchase of its first property.
Hubb Property Group launched earlier this year to offer people the chance to invest in property for relative sums of money in order to gain rewarding returns, while also delivering high quality homes for tenants and buyers.
The residential property investment and development business focuses on securing under-utilised properties in emerging and high demand locations with an assembly of investors before quickly transforming the property to increase its capital value and rental yield.
The restored properties are then put back on the market to ease the housing shortage and offer desirable homes to tenants and buyers.
Founder and managing director, Oliver Hawthorne commented: “As we all know the Bristol property market is extremely strong at the moment but with house prices rising exponentially prospective home owners and first-time property investors do not have the capital on their own to get on the market nor do they necessarily want to manage an entire refurbishment project.
“Hubb allows these people to invest in property by drawing their funds together and managing the process for them.”
The new Bristol-based company has just completed on its first property in Bath. The 19th century semi-detached house with private garden and many period features is extremely rundown and will now be renovated, transformed throughout and re-marketed within seven months.