Expert Insights for Property Investors

Property Sourcing in the UK: 10 Deals Analysed, 5 Viewings, and a £25,000 Discount Secured

December 11, 2025

Building a Full-Time Property Business Starts With Sourcing

If you want to build a full-time income from property in the UK, everything begins with sourcing.

Not one deal.
Not a lucky find.
But consistent weekly activity.

In Episode 1 of Next Deal, we kicked off the real engine room of our business — analysing, viewing and negotiating on real properties every single week.

This week alone:

  • 10 properties analysed
  • 5 viewings completed
  • 3 discarded immediately
  • 2 offers submitted
  • 1 accepted
  • £25,000 discount secured

This is what building momentum looks like.

Step 1: Desktop Property Deal Analysis

Before we book a viewing, every property goes through structured deal analysis.

We use Property Assistant — our own sourcing and analysis platform — to stack deals automatically and calculate:

  • Estimated GDV
  • Refurb costs
  • Buying & selling costs
  • Finance costs
  • Target profit (20%)
  • Maximum allowable offer

We don’t guess.

We reverse-engineer from the end value backwards.

If the numbers don’t protect margin, we don’t waste time viewing.

That’s how we narrowed 10 properties down to 5 viewings.

Step 2: Viewing Properties With Numbers in Mind

This week’s viewings took us across Morecambe and Bare.

When we attend viewings, we already know:

  • Our maximum purchase price
  • Our profit margin
  • Our exit strategy
  • Our risk buffer

The viewing isn’t about “Do we like it?”

It’s about:

  • Is the refurb worse than expected?
  • Is the layout workable?
  • Are there structural concerns?
  • Is the street and micro-location right?

Out of five viewings:

  • Three were ruled out quickly
  • Two passed our full criteria

Being decisive saves time and protects capital.

Step 3: Making Below Market Value Offers

Two properties made it through full analysis and physical inspection.

Bellfield Road, Morecambe

Asking price: £150,000
Our offer: £120,000

This offer was based on our full cost breakdown and required profit margin.

The sellers received a higher offer — so we moved on.

No emotion.

No chasing.

The numbers come first.

Walton Avenue, Bare

Asking price: £200,000
Our initial offer: £170,000
Counter offer: Higher
Final agreed price: £175,000

Offer accepted.

That’s a £25,000 discount from asking.

More importantly — it fits our model.

How We Structure Property Negotiations

Property negotiation in the UK isn’t about being aggressive.

It’s about being justified.

When we submit an offer, it’s backed by:

  • Refurb evidence
  • Comparable sold data
  • Clear reasoning
  • Speed of execution
  • Certainty of funding

Agents take you seriously when:

  • You can move quickly
  • You explain your numbers
  • You’re consistent
  • You don’t waste time

We lost one deal.

We secured another.

That’s sourcing in the real world.

Why Volume Matters in Property Sourcing

One of the biggest myths in property is that deals just “appear”.

They don’t.

They’re filtered.

Out of 10 properties:

  • 8 didn’t work
  • 2 were viable
  • 1 converted

That’s a 10% conversion rate from analysis to accepted offer.

This is why weekly sourcing activity is non-negotiable.

Consistency compounds.

The Bigger Picture: Replacing Income Through Property

We’re not doing this as a hobby.

We’ve stepped away from contracting and committed £150,000 of our own capital to building FAA Property full-time.

That means:

  • Deals must stack
  • Cashflow matters
  • Margin matters
  • Speed matters

Flips are our Phase 1 strategy because they create liquidity and income.

BRR will build the long-term portfolio.

But first, we build momentum.

What This Means for Investors

Every deal we pursue goes through:

  • Structured analysis
  • 20% target profit modelling
  • Stress testing
  • Conservative GDV assumptions
  • Defined exit strategy

The £25,000 discount isn’t luck.

It’s process.

When we structure projects offering 10% returns, they are backed by disciplined acquisition — not optimism.

Capital protection comes first.

The Reality of Property Sourcing in 2026

You will:

  • Lose deals
  • Get outbid
  • Walk away often
  • Analyse more than you buy

But if your process is tight, eventually:

The right deal lands.

Walton Avenue is our first accepted offer of the series.

It won’t be the last.

Next: Refurb Challenge Begins

With the deal secured, the focus now shifts to execution.

Can we:

  • Complete within 6 weeks?
  • Control budget?
  • Protect margin?
  • Exit cleanly?

That’s what comes next.

Follow the Journey

If you’re interested in:

  • Property sourcing in the UK
  • Real deal analysis
  • Negotiation strategy
  • Building a full-time property business
  • Starting later in life

Follow along.

Each week we share:

  • The numbers
  • The wins
  • The losses
  • The decisions

No fluff.

Just the real process of building a property business deal by deal.

Episode 2 is next.

And the momentum has started.