Investors · Turnkey

Turnkey property investment in Cardiff

We source it, help you arrange the finance, refurbish it, and deliver a fully tenanted asset: a true turnkey solution.

Drone flight over Cardiff terraced streets

The turnkey model

Source. Finance. Refurbish. Tenant.

One team takes the project from the first viewing to a property that’s ready to let. Here’s what each stage means in practice.

  1. Source

    We look for Cardiff properties that suit the strategy you want, typically terraced houses with potential for an HMO or flat conversion.

  2. Finance

    We can help you arrange finance, working alongside your broker and lender. We don’t give financial advice, and any lending is subject to the lender’s own checks.

  3. Refurbish

    Our own team carries out the design and build: back-to-brick strip-outs, extensions, dormers, kitchens, bathrooms and finishes.

  4. Tenant

    We hand back a property that’s ready to let, or tenanted where that’s part of the agreed scope.

What turnkey means

What we handle, and what stays with you

Every turnkey project is scoped and agreed in writing before anything starts, so it’s clear who does what.

Black and white photo on site during a back-to-brick strip-out, with floor joists exposed and ceilings removed

What we handle

  • Finding a suitable property in Cardiff
  • Help arranging finance, alongside your broker, lender and solicitor
  • Design, planning and building regulations
  • The full build, from strip-out and structural work to kitchens, bathrooms and finishes
  • Designing HMOs around Cardiff’s licensing standards
  • Handover of a property ready to let, or tenanted where agreed

What stays with you

  • The investment decision, and ownership of the property
  • Your choice of lender, and your mortgage application
  • Independent financial, tax and legal advice

We’re builders and developers, not financial advisers. We don’t publish or promise rental yields or returns. Past projects are shown as examples of our building work only.

Cardiff HMO basics

Planning and licensing, in brief

Planning: in Wales, converting a house into an HMO for three to six sharers needs planning permission, and larger HMOs also need permission. Cardiff Council’s HMO planning guidance looks at how many HMOs are already in the area.

Licensing: larger HMOs need a mandatory licence, and Cardiff has run additional licensing schemes in Cathays and Plasnewydd (Roath) that cover all HMOs there. Check the current position for any address with Shared Regulatory Services.

HMO conversions in Cardiff

Investor FAQs

Questions investors ask

Do I need planning permission to convert a house into an HMO in Cardiff?

Usually, yes. In Wales, changing a family house (use class C3) into a small HMO for three to six unrelated people (class C4) needs planning permission, and HMOs for more than six people are ‘sui generis’, which also need permission. Cardiff Council also publishes planning guidance that looks at how many HMOs are already in an area. We’ll talk you through what’s likely to apply before you commit.

Which areas of Cardiff need an additional HMO licence?

Cardiff Council has run additional HMO licensing schemes in Cathays and Plasnewydd (Roath), covering all HMOs in those areas. Elsewhere, larger HMOs need a mandatory licence. Licensing is handled by Shared Regulatory Services and the schemes are renewed periodically, so always check the current position for your address.

What does ‘turnkey’ include?

Turnkey means one team manages the whole process: finding a suitable property, helping you arrange finance, the design and build, and handing back a property that’s ready to let, or tenanted where that’s part of the agreed scope. Exactly what’s included is agreed in writing at the start.

Do you give investment advice or quote returns?

No. We’re builders and developers, not financial advisers, and we don’t publish rental yield or return figures. Any lending comes from third-party lenders, and you should take your own independent financial, tax and legal advice before investing.

Investor enquiries

Book an investor call

Tell us what you’re looking for: strategy, budget and timescale. We’ll arrange a call to talk it through, with no obligation.

Or call 07929 113138 (+44 7929 113138 from outside the UK), message us on WhatsApp or email infoelevatedev@gmail.com.

Prefer to talk? Call 07929 113138 (+44 7929 113138 from outside the UK), message us on WhatsApp or email infoelevatedev@gmail.com.