S2 EP9 What Is Co-living and Why Is It Popular?
Manage episode 306395048 series 2926715
This week's episode of The Savvy Property Investors Show focuses on What Is Co-living and Why Is It Popular? with Sarah Watt
Sarah is one-half of Alt Street Property. A venture that started out with each of its founders owning one property unit each, Sarah purchased hers with her post-graduate savings. Since then, Sarah and Andrew began to build their business in Sunny Sydney, Australia buying a further 4 properties which were either added to the property portfolio or sold for profit. Eventually setting root in the UK, and moving with their beloved dog, they found the UK rentals weren’t very pet friendly and 95% of places didn’t accept pets or living conditions weren’t up to standard. In 2018 they came across the concept of shared living / HMOs. Within a year the first HMO was added to the Alt Street portfolio. A landlord for over 10 years, starting with simple buy to lets, Sarah and partner more recently moved into flips and HMOs. Alt street property has gone on to create a portfolio of boutique, design-led, co-living houses for young professionals in Northampton and has continued to grow this sector of the business. In addition to this Sarah is now working with Investors, helping them grow their savings & investment pots whilst undertaking the next property project.
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