In this month's Deals Deals Deals episode of The Blueprint Podcast, we're joined by Chris Dornan, a Property Entrepreneur Board Member, family man, and experienced property entrepreneur based near Edinburgh.
Chris works closely with his business partner Tsen Wharton across several ventures, including their Emergency Accommodation business, their coaching brand Devenir Plus, and as a Property Entrepreneur Host assisting with the monthly events.
Chris joined Property Entrepreneur with Tsen in 2022, and after 2 years on Adam Goff's Mastermind group, has just joined the Property Entrepreneur Board and Chris shares how this has helped their business.
In this episode, Chris breaks down a mixed commercial deal with a restaurant on the ground floor and 5 flats with 11 bedrooms. The property was initially leased for 5 years for their Serviced Accommodation business providing accommodation for contractors before transitioning to working with the council for emergency housing. With an initial investment of just ยฃ21,000, Chris controlled the property before later agreeing to buy it off market, using the rental profits for their deposit.
This is a powerful example of how commercial principles applied to residential assets can dramatically change the outcome of a deal โ and how this approach fits into a wider Financial Fortress strategy.
What you'll learn in this episode:
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How B2B council leases for emergency housing work in practice
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Why block-of-flats deals can outperform single-let and standard HMOs
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How rental income was used to fund the deposit
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How stamp duty strategy can save six figures
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Why this type of deal is ideal for long-term, low-friction wealth building
The Deal Numbers
Initial Investment: ยฃ21,000
Purchase & Valuation:
Purchase price: ยฃ1.06m
Valuation: ยฃ1.17m
Income & Cashflow (Monthly)
Rental Income
Flats: ยฃ18,146
Restaurant: ยฃ1,916
Total Monthly Income: ยฃ20,062
Operating costs (including mortgage): ยฃ12,635
Net Monthly Income: ยฃ7,461
Structuring & Tax Strategy
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Used rental income to form the deposit
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Generated ยฃ5k+ immediate profit on the flats
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Claimed ยฃ200,000 in capital allowances
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Added 3 flats to the sale to qualify as a commercial transaction
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Residential stamp duty of ยฃ117k reduced to ยฃ18k commercial SDLT
Success and failure are both very predictable.
I hope you enjoy.
Want to contact Mark or his guests?
www.theHMOagent.com
[email protected]
07970 079700
Chris Dornan
FB: chris.Dornan.127
Insta: chrisdornan82
www.devenirplus.co.uk
Success and failure are both very predictable. Get the Blueprint that shows you what to do next. 19โ21 May 2026 | See what's included: https://theblueprintretreat.co.uk/
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