💥 Introduction
After breaking down the rules and mindset of property flipping last week, Terry returned with a deeper dive — real case studies, real numbers, and real results.
In this session, he walked through multiple flip deals he’s completed across the North East and North Wales, explaining exactly how he found them, funded them, and turned them into five-figure profits — often in under six months.
If you’re serious about building wealth using your commission income, this session shows you that property flipping isn’t reserved for developers or full-time investors.
It’s a system that advisers can run alongside their financial services business — and when done right, it compounds fast.
💡 Quick Recap — Why Flips Work
Last week, Terry explained the three pillars of property wealth:
1️⃣ Cashflow: Buy-to-lets and HMOs — monthly income.
2️⃣ Profit: Flips, assisted sales, back-to-backs — lump sums.
3️⃣ Long-term assets: Low-hassle, hold-forever investments.
Flips sit in the profit category — they’re how you grow your pot of capital fast.
“You can wait 10 years to make £40K in rent… or make it in 6 months from a flip. I know which one I’d choose.”
He’s not against buy-to-lets or HMOs — he still owns dozens. But flips bring immediate liquidity, reward, and momentum.
🏡 Case Study 1: The Rail Bungalow — £43K Profit in 5.5 Months
Location: Rail, North Wales
Type: 2-bed bungalow
Purchase Price: £110,000
Refurb Cost: £32,000
Other Costs (Stamp, Legal, Agent): £8,700
Total Cost: £150,700
Sale Price: £195,000
Profit: £43,000
Timeline: 5.5 months (cash buyer)
🔍 The Story
Rail might not sound glamorous — it was once voted one of the most deprived areas in the UK — but Terry found his sweet spot there. Within every “rough” area, there are good pockets, and this one sat in a tidy little cul-de-sac perfect for elderly downsizers.
He bought it at £110K, spent £32K on a light refurb (kitchen, bathroom, plaster, flooring, and a large tree removal), and listed it for £195K.
Within days, he had 11 viewings and a cash buyer ready to move.
“Bungalows are gold. They’re not building more, there’s huge demand, and the buyers usually have cash. That’s your ideal flip market.”
💬 Key Lessons
✅ Bungalows are a niche but powerful strategy.
✅ Keep refurbs light and focus on speed.
✅ Build relationships with estate agents — this deal came directly from one.
✅ Underestimate GDV, overestimate refurb — if it still stacks, it’s solid.
🏘️ Case Study 2: The North Wales Semi — £68K Profit Using Private Finance
Location: North Wales
Type: 3-bed semi-detached
Purchase Price: £100,000
Refurb Cost: £47,000
Other Costs (Fees, Interest, Agent): £13,000
Total Cost: £160,000
Sale Price: £230,000
Profit: £68,000
Funding: Private Investor (12% return)
Timeline: ~6 months
🔍 The Story
This semi-detached property came with a problem — minor subsidence on one wall.
Most buyers ran a mile. Terry ran the numbers.
Instead of expensive underpinning, he used a resin injection system (around £15K) to stabilise the property. The vendor was panicking, thinking it was unsellable. Terry made a quick offer and took it off their hands.
He funded the entire deal through a private investor who lent £160K at 12% interest with a first charge on the property.
That investor made a clean return, Terry made £68K, and the property sold fast to a cash buyer.
“Private investors are easier to work with than banks — faster, simpler, and everyone wins if you deliver.”
💬 Key Lessons
✅ Turn problems (like subsidence) into discounts.
✅ Always build relationships with agents — they bring the best deals.
✅ Social media is a funding magnet — Terry raised £160K from a post.
✅ Private investors love fixed returns if you show credibility and security.
🏠 Case Study 3: Newcastle Semi — £71K Profit from an Auction Deal
Location: Newcastle, North East
Type: 3-bed semi-detached
Purchase Price: £90,000 (pre-auction offer)
Refurb Cost: £33,000
Other Costs (Fees, Finance, Stamp): £15,000
Total Cost: £138,000
Sale Price: £210,000
Profit: £71,000
Funding: Bridging finance
Timeline: 6–7 months
🔍 The Story
This deal was originally listed in auction for £125K with a reserve likely around £135K. Terry didn’t wait for the auction. He swooped in early, viewed it, offered £90K cash with exchange and completion in 28 days, and got the deal.
He staged the property post-refurb with a professional company (£2–3K cost), adding massive perceived value and ensuring a quick sale.
“Speed and certainty beat price — every single time.”
He financed it with bridging, not cash, proving you don’t need to be cash-rich to do high-profit flips.
“Bridging isn’t bad. Bad deals are bad. The numbers decide the finance.”
💬 Key Lessons
✅ Make strong pre-auction offers with fast completion.
✅ Staging sells — quality photos draw premium buyers.
✅ Bridging can still stack if you buy right.
✅ Move fast — the best deals are gone in hours, not days.
🧠 Terry’s Flip Formula — Refresher
“You make your money when you buy, not when you sell.”
Here’s his tried-and-tested formula for every deal:
GDV (Done-Up Value)
– Refurbishment Costs
– Fees & Taxes
– Desired Profit (£25–40K minimum)
= 💰 Maximum Offer
And when in doubt:
- Overestimate refurb.
- Underestimate GDV.
- If it still stacks, go for it.
🪜 The Rules Still Stand
Every case study you’ve just seen meets Terry’s personal rules from Blog #41:
✅ Minimum £25K profit per deal (ideally £40K+).
✅ Purchase + refurb total under £150K.
✅ No heavy extensions, planning, or conversions.
✅ Clear end buyer profile (elderly, downsizers, or first-time buyers).
✅ Conservative numbers.
✅ Simple refurbs, fast turnarounds.
“Speed wins. The faster you’re in and out, the faster your money multiplies.”
💷 Cashflow vs. Flips — The Blend That Wins
Terry’s property strategy isn’t “either-or.” It’s both.
He continues to hold HMOs and buy-to-lets for long-term income, but flips give him the quick capital boosts that fuel his growth.
“Your commissions pay your bills.
Your flips grow your pot.
Your HMOs set you free.”
That’s how he’s built a portfolio of over 40+ units — without ever stepping away from financial services.
🔧 Quick Investor Tip — How to Find These Deals
Most of Terry’s flips are on market — not secret off-market finds.
He uses a mix of:
- Rightmove searches (below-market, run-down listings)
- Agent relationships (tip-offs before listings go live)
- Social media credibility (attracting sellers and investors)
“There’s no shortage of deals. There’s just a shortage of people doing the work to find them.”
He’s even planning a live Rightmove session for the community soon — showing exactly how he filters, runs comps, and makes offers.
🧩 Final Thoughts
Flipping property isn’t about luck — it’s about systems, consistency, and salesmanship.
As advisers, you already have an edge: negotiation skills, financial knowledge, and discipline.
You just need to apply it to property.
“I’m not a builder. I’m a businessman who understands numbers — and that’s all flipping really is.”
If you can learn to find, fund, and flip deals strategically, you can turn your commissions into capital, and your capital into wealth.
That’s Forever Commission.
🚀 Key Takeaways
✅ Flips produce faster, bigger returns than rentals — if done right.
✅ Keep it simple — cosmetic refurbs and speed matter most.
✅ Build strong relationships with local agents.
✅ Use private investors or bridging to fund growth.
✅ Always work backwards from profit.
✅ Combine cashflow + flips for financial freedom.
Join Wealthy Advisers Club Today : Click Here To Join