Investment Reserved

Lyme II – Newcastle-Under-Lyme

A six-bedroom professional HMO conversion in Newcastle-under-Lyme, around five minutes from both Royal Stoke University Hospital and the town centre, with the A34 three minutes away. Five en-suite studio rooms and a premium en-suite bedroom, delivered as a C3 to C4 conversion with no extension required and targeting a £440,000 end value.

Total Project Cost

£379,420

Gross Development Value

£440,000

Estimated Rent Per Annum

£48,600

Yield on Total Project Cost

12.8%

The Opportunity

Minutes from the hospital and the town centre

The property sits approximately five minutes from Royal Stoke University Hospital and five minutes from Newcastle-under-Lyme town centre, with the A34 and the area’s key transport links around three minutes away. The immediate area provides convenient access to major employment, healthcare and local amenities.

Demand for high-quality co-living accommodation here is driven by NHS staff, young professionals, contractors and key workers seeking well-located, all-inclusive housing close to work. Professional HMO demand in the area is established rather than speculative.

Secured at an agreed purchase price of £160,000 against a £440,000 target valuation, the scheme creates meaningful value through conversion while producing £4,050 per calendar month in gross rent on stabilisation.

Investment Financials

Project economics

All figures below are based on current projections and comparable market data at the time of print. Independent due diligence is recommended prior to any commitment.

Figures

Purchase Price

£160,000

Build Cost, Furnishing & Compliance

£201,000

Total Project Cost

£379,420

Expected GDV

£440,000

Monthly Rent

£4,050 pcm

Annual Gross Rent

£48,600

Yield on Total Project Cost

12.8%

All figures presented above are subject to VAT where VAT is applicable.

Why We Selected It

The Brixvoir standard

A professionally delivered six-bedroom HMO conversion targeting a £440,000 end value, £4,050 per calendar month in gross rent and strong ongoing cash flow following refinance. Five of the six rooms are self-contained studios with private en-suites, and the conversion is being progressed as a C3 to C4 scheme under permitted development, with no extension required and architectural design, Building Regulations and HMO compliance integrated into the Brixvoir delivery process.

What's Included

Fixed Build Cost: £189,000

Refurbishment: Compliant Architect Plans · Full Back-to-Brick Strip-Out & Site Preparation · Structural Alterations & Layout Reconfiguration · Plumbing & Heating Installation · New Kitchens & Kitchenettes · New Bathrooms & Shower Rooms · HMO Room Creation & En-Suite Installation · Plastering, Decoration & Finishing · Flooring Throughout

Compliance: Planning & Licensing Compliance · HMO Licence Application Support · Fire Doors & Passive Fire Protection · Fire Alarm System Installation · Emergency Lighting System · Electrical Installation Certificate (EICR) · Gas Safety Certification · Fire Risk Assessment (FRA) · Building Regulations Compliance · Handover Pack & Certification File

Furniture & Fit-Out: Complete furnishing package, £10,000 plus VAT

Location Overview

Newcastle-under-Lyme, ST5

Well positioned within Newcastle-under-Lyme, the property offers excellent access to Royal Stoke University Hospital, the town centre and key transport links including the A34, supporting strong professional tenant demand.

Investment Reserved

This investment is now reserved.

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Our Story

Brixvoir was created through the strategic collaboration of established businesses operating across the property, finance and development sectors — bringing together funding capability, operational infrastructure and proven refurbishment expertise into one integrated turnkey investment platform.

A £50 million funding partnership at launch

To launch the business, Brixvoir has secured an initial £50 million internal funding partnership through its strategic relationship with Angel Property Finance — providing dedicated in-house funding capability for Brixvoir clients acquiring investment properties through the platform. The funding facility has been structured to allow Brixvoir to scale aggressively, move quickly on opportunities and streamline the investment journey from acquisition through to refurbishment, refinancing and long-term management.

This initial funding line represents the first phase of a much larger long-term growth strategy for the business, with further institutional and private funding partnerships expected to follow as Brixvoir continues to expand its operations, development pipeline and national presence within the property investment sector.

Built on proven businesses, not built from scratch

Rather than operating as a traditional sourcing company, Brixvoir was built by combining the proven systems, experience and operational strengths behind multiple established businesses already operating successfully within the property sector.

The refurbishment and development model behind Brixvoir has been heavily influenced by the experience of Jason Jouan through The Jouan Group, where he has overseen and delivered tens of millions of pounds worth of property renovations and value-add development projects. Jason Jouan and his associated businesses have also received recognition and media coverage across a range of national and international publications including Forbes, GQ, The Independent, Men’s Health and other business and media platforms — recognising his work, entrepreneurial journey and growing presence within the property and business sectors.

Pani Zannetou is the founder of Curran Birds + Co, one of the region’s fastest-growing modern estate agencies, recognised for its strong market presence, modern approach and rapid growth within the property sector. Since launching, the business has expanded aggressively with multiple offices and a growing team, becoming one of the area’s most recognised independent agencies. The company has built a reputation for high-quality presentation, strong operational infrastructure and a forward-thinking approach to estate agency and property marketing. Alongside this, Pani Zannetou has become recognised as a growing entrepreneur within the wider property and business sector through the development of his multiple businesses.

Alongside this, Pani Zannetou and Jason Jouan also co-founded Jouan Real Estate, a specialist property management and operations company working closely with landlords and investors across the sector.

One integrated platform

Together, these businesses provide the operational infrastructure, management capability, development experience and strategic partnerships behind Brixvoir — creating a platform designed to deliver carefully selected turnkey investment opportunities with a long-term focus on quality, execution and scalable growth.

With a focus on quality over volume, Brixvoir is positioned as a modern property investment brand built on credibility, execution and long-term strategic partnerships — with ambitions to become one of the UK’s leading fully integrated property investment and funding platforms over the coming years.