Secure your financial future and get back your time
Who are we?
Since 2007, we’ve partnered with more than 400 people, helping them build long-term, sustainable property businesses that give them a secure, lifelong income and more time.
Unlike many other franchises, we have no brand standards – meaning our Franchise Partners build their own businesses and brands, which they keep and can continue to operate when their franchise term is over.
In contrast to most franchises, our Partners keep their assets, too, benefiting from any long-term capital growth as well as a continued lifelong income after their franchise term has ended.
And with the majority of our Partners requiring just a few days a month to manage their businesses, they get back that most precious of commodities – time.
How does it work?
Any great franchise should have a proven, tried, and tested business model for franchisees to follow.
Our Franchise Partners follow a robust model that de-risks their investment in highly profitable, but complex co-living properties.
Known as Houses in Multiple Occupation (HMOs), our robust model is backed by expert training, mentoring, and coaching, as well as ongoing support – eliminating potentially costly mistakes and protecting our Franchise Partners’ investment capital.
We help our Partners to:
- Find the right properties in the right areas
- Cost-effectively renovate family homes into multiple-room co-living properties
- Navigate the minefield of legislation, planning and licensing that comes with letting out co-living properties
- Grow their businesses in a tax-efficient way and scale their portfolios with ongoing support from our Power Team of business growth mentors, accountants, tax, and finance experts
- Develop personally and professionally and create a legacy for their families
On 11-May-21 The Platinum Property Partners team were delighted to be announced as the fifth winner in 2021 of the prestigious 5-Star Franchisee Satisfaction Award all due to our incredible Franchise Partners. This is the 3rd time in 6 years we have achieved 5 Star status, thanks to our incredible Franchise Partners.
What is a HMO?
Houses in Multiple Occupation (HMOs) might spark images of student houses or ‘low quality’, cramped properties.
The co-living properties our Franchise Partners offer couldn’t be further from that stereotype – they’re beautifully renovated, high-quality, safe, and bespoke homes for professional people.
They’re also extremely profitable for our Franchise Partners – up to three times more lucrative than standard buy-to-lets.
On average, our Franchise Partners earn £20,000 per year from each property they own and generate returns on equity of between 10% and 15%.
We encourage and guide our Franchise Partners to grow their properties businesses over time, with many enjoying annual incomes in excess of £100,000.
The benefits of a Platinum Property Partners franchise
‘I can invest in property on my own – why do I need to pay a franchise to do it?’
It’s a question we hear frequently and, of course, the answer is: ‘You don’t.’
But any investment is a risk and co-living property investment comes with some hugely costly potential mistakes – not least buying a property that either can’t be converted into an HMO due to licensing restraints or won’t work as a co-living home due to its layout or size.
Our planning, licensing, purchasing and renovation mentors simply don’t allow those kinds of mistakes to happen.
They de-risk the process of building a property business and helps to ensure our Franchise Partners generate the highest possible returns.
How much does the franchise cost?
The franchise fee for a 10-year partnership with Platinum is £32,970 and Franchise Partners will need between £300,000 and £700,000 of working capital to fund both the franchise fee and the purchase and renovation of their first property.
The actual amount of capital depends, of course, on where you’re looking to invest – for example, a property in London will cost more to purchase and renovate than one in the North West or Yorkshire & The Humber.
Other franchise terms are available, as well as the 10-year option:
- Seven years – £41,475 + VAT
- 15 years – £14,970 + VAT
What experience do I need?
The short answer is ‘none’.
The most important traits we look for in Franchise Partners is determination, positivity, and a community-minded outlook.
By that, we mean we want Franchise Partners to become part of our community and play their part in the continued growth of what has become a powerful and collaborative network.
Our Franchise Partners come from all walks of life: some have property investment experience, others have none; some have owned their own businesses, while others are employed and remain so while they grow their property businesses.
Interested and want to know more?
By clicking the link below, we can send you further information on this franchise opportunity and allow you to contact them direct with any questions.
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