A greater return from property than corporate life

24.04.19

This was the goal for Agnes and Jonathan Goodall, as the first Platinum Property Partners (PPP) Franchise Partners to invest in Teesside.

Following a ten-year career break to bring up the couple’s two children, Agnes was eager to get back to work. But 18 months after returning to corporate finance, she realised it wasn’t what she wanted to do. It just wasn’t flexible enough.

Jonathan had been working in the family warehousing and retail business for the last 11 years, after running a successful photography studio in London. They both felt the need for change and so attended a franchise exhibition for inspiration.

“It was really to get ideas and see what the next big things were,” added Jonathan. “Whilst walking around we came across a High Net Worth panel debate, where Paul Watson (PPP Franchise Partner & Mentor) was taking part”.

It was enough to encourage them to visit the PPP stand and talk to some of our team there. The couple already had an interest in property and so were wowed by the HMO (Houses in Multiple Occupation) concept. They booked onto a Discovery Day the same month, although they were a little sceptical as to whether the model would work in Teesside.

After working closely with the team at the PPP Head Office and speaking to Franchise Partners nearby in Newcastle and Warrington, Agnes and Jonathan were convinced that they could build a profitable property portfolio in their area.

The couple joined in March 2017.

Their first property was originally a 4-bedroom semi-detached house, and is now a 6-bedroom HMO with four ensuites and one shared bathroom. Their second HMO is in its final stages of refurbishment.

Agnes & Jonathan’s plan for the next five years is to build a portfolio of five HMOs generating a combined £70,000+ annual gross profit.

Jonathan added: “Being part of a franchise, the burden is still yours. But with PPP, all the benefits are yours too”.

For Agnes, she has finally found the flexibility and enjoyment she was craving.

She concluded: “It’s a business I have been able to build around the needs of the children and I’m setting a good example that there is an alternative to having a job. I’m certainly getting more value for my time and this value could go on for generations to come.”

Are you fed up of your corporate lifestyle? Has property investing ever crossed your mind? Well, we’ve put together a short video to show you how our model really works – demonstrating how you can replace a £65,000+ PAYE salary from just 3 properties, with our specialist property investment model and the required capital. To access this video, fill out the short form here.

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