Welcome to CityRise’s exclusive property sourcing service, where we help source some of the UK’s best below market value property investment opportunities.
Our service to introduce fantastic BMV properties for sale remains exclusive to CityClub investors, and you will need to join in order to access these excellent property investments. If you are not a member of CityClub you can APPLY NOW at the top of the page, simply hit 'Join CityClub'.
Request further details
Parking Included
Leeds | 2-Bed Ap | £110K
Oulton, Leeds
Sourcing Fee £5,000 Current Rent: £10,200 PA No renovation needed 8.8% ROCI Tenanted, income generator from day 1!
Tenanted Apartment
Leeds | 2-Bed | £110K
Leeds, LS27
Sourcing Fee £5,000 Current Rent: £10,740 PA Recently renovated Parking included Integrated appliances
Immediate Income Generator!
Castleford | 2-Bed | £110K
West Yorkshire
Sourcing Fee £5,000 Current Rent: £9,540 PA No refurb required Mid Terraced - High rental demand ROCI: 13.5%
£28,250 Discount Market Value: £135,000 Rental Yield: 8.4% Rent per Annum: £9,000 Close to the hospital
3-Bed, 1-Bath
Scunthorpe | 15% BMV
Lincolnshire
£141,000
£24K Discount Market Value: £165,000 Rental Yield: 7.7% Rent per Annum: £10,800 Up & Coming Area
SOLD STC
The Esplanade | 23% BMV
Plymouth
£240,000 2-Bed, 2-Bath
PL1 Postcode Maisonette, Top Floor Panoramic Views
SOLD STC
Crosby | 16% BMV
Liverpool
£115,000 1-Bed, 1-Bath
£10K Discount Market Value: £125,000 Rental Yield: 8.7% Rent per Annum: £9,540 9 min walk to Waterloo Station
SOLD STC
Southcoates | 20% BMV
Hull
£110,000 3-Bed, 1-Bath
Estate Agent Appraisal: £130K 16% Below Market Value £20K Discount Excellent Yield of 7.9%
How Our BMV Properties Service Works
As well as offering investments in some of the best new-build developments across the UK, CityRise also keeps a careful eye on the UK’s resale market. We have a team of investment experts that scour the country for the best below-market value (BMV) deals available. Furthermore, with access to hundreds of motivated sellers, CityRise is able to source some of the best opportunities both on and off the market.
When appraising these BMV properties, we consider every cost associated with the purchase against the actual/potential income. Through this aggressive due diligence, we are able to create an extremely accurate investment profile that ensures you have all the information required to understand your returns in their entirety.
What costs are considered in the below market value property investment appraisal?
Refurbishment Costs (if applicable)
Mortgage Costs
Management Costs
Utility Bills and other expenses
Free Impartial Advice on BMV Investments
Want to learn more about whether a BMV investment is right for you, or to discuss the below market properties we have available for investing in? Fill out the form below and a member of our team will be in touch.
You can also book a consultation through our calendar for a free investment consultation with one of our property experts.
Step 1: Sourcing The BMV Property
Firstly, CityRise must find a below market value property which meets our stringent investment criteria. The properties are presented to CityRise via motivated sellers looking for a quick sale, or through CityRise’s in-house property sourcing agents, with a focus on the best areas to invest in property to maximise ROI.
Step 2: Quality Review and Initial Investment Appraisal
The CityRise sourcing team will arrange a visit to the property, together with an experienced contractor. The purpose of the visit is to assess the quality of the BMV property for sale and establish any remedial works that are required to bring the property up to a suitable standard to maximise rental projections.
CityRise then undertakes a full Optimisation Analysis that includes specific works lists, and contractor estimates and provides a breakdown of the best ways to improve the property. To ensure the BMV property is ready to be let, high-quality materials and long-lasting finishes will be used.
Step 3: Negotiate Price with Seller
CityRise then begins negotiating the below-market value property pricing between 10%-20%, with the seller as part of the sales services. Often those looking to sell a property through CityRise want to wrap up the sale quickly and are willing to sell below market value. It is through our efficient selling service that we retain strong bargaining power to negotiate the best price on all under market value properties we sell.
Step 4: Detailed Investment Appraisal
After negotiating the best price for prospective clients, CityRise undertakes another, comprehensive appraisal of the BMV property and its investment case. CityRise will note everything from likely refurbishment costs to mortgage payments and other potential outgoings through the BMV deal.
The outgoing costs are then entered into our investment simulator to determine a very accurate return on investment (ROI). Typically, CityRise will only take on a BMV property for sale with an ROI of 12.5% or higher. Therefore, it is vital that the appraisal is as accurate as possible to ensure this is achieved.
Step 5: Property Offered to CityClub Members
Once a detailed investment profile has been completed, details of the below market value property investment will be released exclusively to CityClub members. The package will include the location of the property (without disclosing the exact address), a comprehensive investment breakdown and pictures of the property.
If the opportunity looks attractive, investors should enquire through CityClub. You will receive a call from one of CityRise’s investment consultants who will discuss the under market value property and process in more detail. They will also take time to learn more about you and your investment strategy allowing us to source more suitable properties in the future.
Should you wish to proceed with the purchase you will pay a one off sourcing fee. Upon receipt of the sourcing fee all details of the below market value property will be released to you and the property will be taken from the market.
Step 6: After-Sales Services
Upon reservation of the below market value property for sale, CityRise’s work does not stop there. Our aftersales team will remain with you throughout the conveyancing process and make sure the sale goes through smoothly.
If you wish, we will then take full control of the lettings and management of the property on your behalf. We ensure that suitable tenants are found, void periods are kept to a minimum and the property is properly maintained and managed throughout the lifetime of your ownership. This hands-free investment model allows you to reap the benefits of investing in a BMV property without the day-to-day work it involves.
Sign Up To Access Our Below Market Value Properties.
Investors must be signed up to the CityClub to purchase through our property sourcing service.
As a CityClub member, you will gain priority access to a range of benefits and investor resources that will help you on your investment journey. This includes exclusive access to brand-new off-market developments, below market properties for sale, newly sourced properties, early bird offers, discounts, and much more.
Whether you are a first-time investor looking for your first BMV property investment or an experienced investor with an existing portfolio, CityClub has exclusive benefits for everyone.
The CityRise property sourcing service, exclusive to CityClub members, sources the best investment opportunities that match your requirements. We have a team of property experts, dedicated to finding properties that are suitable for your investment strategy. Simply put, CityClub membership is your gateway to finding the best BMV properties and investment opportunities available across the UK. All by simply filling out a form.
With CityClub, you’ll be on your way to finding your next great investment opportunity in the property market.
Join CityClub
Apply now and take advantage of our property sourcing service.
FAQs About BMV Property Investments
How do CityRise source below market value properties?
We source our BMV properties either through motivated sellers approaching us, or our team of property-sourcing agents utilising their industry knowledge to identify opportunities. We have worked hard to build a strong reputation within the industry, which ensures we have access to fantastic below market value property investments across the country.
Why do people sell properties below market value?
There are a vast number of reasons as to why people would be selling a property below market value, including relocation, financial difficulty and diverting to other investment opportunities. Every BMV property for sale that we present to our investors has been thoroughly vetted by our sourcing team as well as an experienced contractor, ensuring the property provides a viable and profitable investment opportunity.
What are the benefits of investing in BMV properties?
The main benefits of investing in under market value properties is that generally costs are reduced, because the seller is typically highly motivated to complete the sale. As a result, you can access fantastic properties at a lower cost, which maximises your return on investment.
What is the due diligence process for the below market value properties?
Before we present any below market value property investment opportunities, we have a thorough investigation process to give our investors absolute confidence in the property. Our sourcing team and experienced contractors will visit the property, conducting full surveys. We focus on remedial works to meet all requirements for a rental property, as well as structural opportunities to maximise rental yields.
Our team will also conduct an Optimisation Analysis with a specific works list, looking at intricate details of how the property can be improved from every perspective. From here, we know exactly what is required to transform the property with high quality materials in a cost effective manner.
What are the estimated returns to expect from BMV property investments?
At City Rise, we negotiate sales that are between 10% and 20% below market value. We then evaluate the ongoing costs associated utilising our investment simulator to generate the return on investment. We typically only present BMV properties for sale to our investors that have an ROI of 12.5% or more.
Do CityRise offer property management services?
Absolutely. If you’re looking for a hands-off investment, then after you have purchased the BMV property for sale, we can manage your property from start to finish. From securing professional tenants through to efficient renewals, we limit void periods and take away any burdens from you.
We pride ourselves on securing fast occupancies with professional tenants and ensuring renewals are a seamless process, limiting any potential void periods.
How much do I need to start investing in BMV properties?
To start investing in BMV properties, you’ll typically need the capital to cover a downpayment on the property, as well as the fees associated with the buying process, including stamp duty if relevant, legal fees, surveys, etc. Utilise our investment calculators to establish whether investing in below market value properties is something that is viable for you, or contact us to speak to one of our experts.
