Give it Away is back in the property business!! After the great success and considerable hard work and risk of building three new properties, I decided that in the current market it would be wise not to enter into any new construction projects for a while.
However……! I took a very expensive walk one day via Akehurst Street where my first 2 houses were built and saw the new St James development – Queen Mary’s Place. Within a week I had made an offer for a two bedroom show flat and a penthouse. The idea is to rent these properties out for the next two years and when the whole development on this site is finished, I will sell.
I need to earn some more money for my Charities!! So the profit on the monthly rentals will be “given away” as will the capital gain on the sale whenever that takes place. I am still committed to giving away £1 million and I hope this venture will help! To date the total donated is £705,000!