Franchise Focus
Home sweet homes
Simon and Rebecca Waterfield enjoy a work-life balance with Platinum Property Partners
INVESTMENT LEVEL: £52,970
to attend a Discovery Day to find out more. Simon researched the franchise opportunity thoroughly, and carried out full due diligence. Rebecca also spent a substantial amount of time on the phone to PPP’s team. She says: “We’d had such a traumatic time after Simon’s accident, and we knew that the financial decisions we were making at that stage would affect the rest of our lives. It was crucial that we made the right choices. We looked at various franchise options in all sectors, not just property, but we kept coming back to the exceptional returns that PPP enables its Franchise Partners to achieve.”
“We are on track in terms of where we planned to be”
P
roperty investment franchise Platinum Property Partners (PPP) provides highly specialist expertise and support to enable franchisees to purchase, adapt and
let out their own profitable residential property portfolio. Launched in 2007 by Steve Bolton, PPP currently has over 160 Franchise Partners (PPP’s name for franchisees) operating in 85 towns and cities across the UK.
Rebecca and Simon always had a keen
interest in property. Despite both having demanding jobs – with Rebecca teaching full-time and Simon working long shifts as a head chef in a nearby luxury hotel – their
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shared passion for DIY meant that they had previous experience of buying homes that needed redevelopment. While Rebecca was on maternity leave, disaster struck; a serious car accident meant that Simon was unable to go back to the career he enjoyed so much. Fortunately Simon’s recovery was excellent, but it was a worrying period, and the couple re-evaluated their lives. They decided that they wanted to change direction and set up their own business to achieve a better work-life balance. Simon spent a lot of time during his recovery period researching their options and saw an advert for Platinum Property Partners – Rebecca encouraged him
Having learned the logic behind leveraged finance and making the family home ‘work’ for them in terms of funding a new venture, the Waterfields spoke with other Franchise Partners to understand what was achievable. In July 2010, Rebecca and Simon joined PPP. With the aim of building a family business they could pass on to their children, the Waterfields structured a ‘five- year plan’ for their business. Guided by the PPP team, the couple set to work on researching the local area to make their first purchase. By the end of 2010, they had bought and let a six-bedroom property and were planning additions to their portfolio. In the next year, another three properties followed. They conclude: “We are on track in terms of where we had planned to be at this stage. Our income levels are where we anticipated they would be, and we will soon be considering our next purchases. All this has only been possible due to the support of the PPP team.” An average property in a PPP portfolio will generate £15,000 gross profit per annum from rental income alone. Franchisees own the properties, so the income keeps coming in long after the commitment to PPP has expired. PPP are currently offering complimentary copies of ‘Successful Property Investing’ by founder Steve Bolton. To receive a copy, use the contact details below. n
PPP
WEBSITE:
www.platinumpropertypartners.co.uk EMAIL:
info@platinumproperty.co.uk PHONE: 01201 652 100 CLASSIFICATION: Property investment
Investment: £50k-£100k
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