Residential & Commercial • UK‑wide

Serious, income‑focused property investing. Numbers first. Noise nowhere.

We source, refurb and operate assets with real demand and realistic risk. Typical targets: 6–10% net yields, conservative leverage, and transparent reporting. Hold for income, improve for value, exit when the math says so.

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See our approach

Investment Thesis & Market Outlook

Income first, growth second. We target liquid rental markets with durable demand drivers: employment hubs, universities, hospitals, logistics corridors and town‑centre regeneration. We avoid single‑industry dependencies and untested micro‑locations. Predictable net income with optional upside from refurbishment and asset management is the goal.

Residential

C3 single lets and licensed HMOs in Article 4‑aware areas. Focus on EPC improvements, practical layouts and low‑maintenance finishes.

Commercial

Light industrial, trade counters, mixed‑use. Preference for FRI or effectively repairing leases with index‑linked or stepped uplifts.

Value‑Add

Refurb to reposition: spec upgrades, energy efficiency, and re‑letting to improve NOI. Planning uplift only where probability is strong.

Deal Criteria & Underwriting

Factor	Residential Buy‑Box	Commercial Buy‑Box
Target net yield	6–8% after all costs	7–10% after all costs
Tenant demand	Days‑to‑let under 21 days; vacancy under 5%	Diverse occupier base; low obsolescence
Energy performance	EPC C or clear path to C	Feasible upgrades within hold plan
Leverage	LTV 50–70% subject to DSCR ≥ 1.25x	LTV 50–65% with DSCR ≥ 1.35x
Capex	Defined scope; fixed‑price where possible	Fabric/M&E priced in; realistic service charge
Exit	Hold/refi; sell if premium achieved	Hold with indexed uplifts; breaks understood

All projections are scenario‑tested with higher rates, voids and lifecycle maintenance. Indicative only; not financial advice.

Strategy In Practice

Residential Playbook

Buy right: motivated sellers, cosmetic or layout inefficiencies.
Upgrade smart: kitchens, bathrooms, lighting, storage, EPC uplift.
Let fast: professional tenants, strong referencing, realistic rents.
Manage tight: planned maintenance, arrears protocol, quarterly reviews.

Commercial Playbook

Focus on functional space near transport and trade clusters.
Negotiate pragmatic leases with clear repairing liabilities.
Improve spec where it moves rent or reduces downtime.
Monitor covenants and local demand; pre‑market ahead of lease events.

Our Investment Process

Define

Returns, risk band, liquidity, governance and reporting cadence aligned.

Source

Curated on/off‑market pipeline filtered by our buy‑box.

Underwrite

Rents, comps, capex, financing, DSCR and exits modelled and stress‑tested.

Refurb

Programme, QA, compliance and EPC improvements delivered.

Operate

Lettings, management, planned maintenance and quarterly KPIs.

Case Study Snapshots

HMO Conversion (North West)

3‑bed to 5‑bed HMO. Durable finishes, EPC uplift, pro management.

Purchase £185k • Refurb £55k
Gross £2,400 pcm • OpEx/Voids £400 pcm
Net ~£2,000 pcm • ~12.9% on cost

Light Industrial (Midlands)

Two units, minor capex, index‑linked rent reviews on FRI terms.

Purchase £640k • Capex £20k
Gross £64k pa • Net ~8.5% post‑costs

Mixed‑Use Re‑let (South)

Retail with uppers. Light refurb, split utilities, re‑let to stronger covenants.

Purchase £520k • Capex £30k
NOI uplift +18% • Vacancy to 0%

Risk Controls & Compliance

Operational

Preferred contractors, staged drawdowns, independent snag, contingency from day one.

Financial

DSCR gates, interest cover, lender covenants monitored. Buffers for voids, arrears and unexpected works.

Legal & ESG

Licensing, building regs, fire safety and EPC pathways planned upfront. We improve efficiency and tenant safety as standard.

This page is not investment advice or an offer to the public. Property values and rents can go down as well as up. Seek independent advice.

Frequently Asked Questions

What returns do you target?

Asset and market dependent, but typically 6–10% net yield after realistic costs and maintenance reserves. Capital growth is a bonus, not the thesis.

Is my capital at risk?

Yes. We manage risk with underwriting discipline and operational control, but property values and rental income can fall. We hold buffers and plan exits.

Do you handle everything end‑to‑end?

Yes. Sourcing, diligence, refurb, letting, management and reporting. You get one point of accountability and quarterly performance packs.

Can I sell you an asset off‑market?

Email details to admin@shproperties.co.uk with photos, address and tenancy info. We’ll respond quickly if it fits our buy‑box.

Request Your Investor Pack

Get a deeper look at our pipeline, underwriting approach and reporting format. Prefer to talk? Call +44 7802 671581 or email admin@shproperties.co.uk.