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In this episode, Samuel Leeds sits down with Academy member Scott Lyons, who has just completed on a block of four flats in Hartlepool for just £89,950.
The property is conservatively valued at around £240,000 once refurbished, and Scott explains how he originally secured the deal through a lease option agreement before later buying it from the repossession company for less than the original option price.
Scott shares how he went from being a window cleaner with bad credit and no money to building a 24-property portfolio, using lease options, investor finance, networking and creative property strategies to scale his portfolio.
Samuel and Scott break down the numbers behind the deal, including the purchase price, the £70,000 funding, the expected refurbishment costs, the current rental income, and the projected end value.
They also discuss what it really takes to succeed in property, why taking action matters more than theory, how to find investors, why networking is so powerful, and how Scott is navigating changes in the UK property market.
✨ Follow Scott's journey on Instagram: https://www.instagram.com/scottlyonsofficial
➡️ "Make a Million Pounds in Property & Pay No Tax" - Sign up for FREE here: https://www.samuelleeds.com/ftpod
USEFUL LINKS:
🎥 WATCH: My £20m UK Property Portfolio Revealed | Samuel Leeds Documentary: https://youtu.be/OY94PJAYZ-Q
📖 READ: My latest best-selling book: https://www.samuelleeds.com/FOMPOD
♟️ PLAY: Get the Property Millionaire board game: https://www.samuelleeds.com/ytbg
❓ Have a question about property? Join my Property Facebook Group: https://www.facebook.com/groups/778613042238071
🗣️ FOLLOW ME ON SOCIAL MEDIA:
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→ LinkedIn: https://www.linkedin.com/in/samuel-leeds-64660683/
We are always looking for interesting podcast guests. For collaboration enquiries, please email [email protected]
DISCLAIMER All information, including dates, figures, links, and references mentioned in this video, is accurate and valid at the time of filming. Please note that circumstances may change over time, and we recommend double-checking any details before making decisions based on this content.