MEMBER SUCCESS STORY

Stockport property bought at £190,000 - £100,000 below original asking price - refurbished and sold for £372,500, netting £70K+ profit after all costs
Andriy · Manchester · Property investor
AT A GLANCE
Member
Andriy Pidorpryhora
Background
Marketing and e-commerce (Coca-Cola, Myprotein); 3-4 years in property
Location
Manchester
Strategy
Buy-to-sell flips; motivated seller BMV acquisition
Deal
Original asking ~£290,000; found at £220,000 after 4-5 months on market; negotiated to £190,000; refurbed ~£70-73K; sold for £372,500; net profit ~£70K+
PF Feature Used
Below market average filter, sold and came back on market filter, most reduced sort
"The whole idea is you find the property that's already discounted, you negotiate it down a bit further, and then your margin is built in before you even start the refurb."
Andriy, property investor, Manchester
Results like these are happening every week. See how Property Filter works.
Feature Spotlight

Purchase Price
negotiated from £220K
Resale Price
after refurbishment
Net Profit
after all costs
Total Reduction
from ~£290K original ask
Below Market
vs ~£250K market value
What is Property Filter's most reduced filter and why does it identify motivated sellers?
The Stockport property had been on the market for 4-5 months when Andriy found it through Property Filter. It had originally been listed at around £290,000, had previously sold and come back onto the market, and was showing on Property Filter at £220,000. By combining the sold and came back on market filter with the most reduced sort, Andriy surfaced it as a motivated seller opportunity. He then negotiated the price down to £190,000.
How did Andriy find the Stockport property through Property Filter?
The Stockport property had been on the market for 4-5 months when Andriy found it through Property Filter. It had originally been listed at around £290,000, had previously sold and come back onto the market, and was showing on Property Filter at £220,000. By combining the sold and came back on market filter with the most reduced sort, Andriy surfaced it as a motivated seller opportunity. He then negotiated the price down to £190,000.
What strategy does Andriy use to buy property significantly below market value?
Andriy looks for properties already trading at a discount to their market value - typically 15-20% below - and then uses that existing discount as negotiation leverage to push a further 5-10% reduction. The result is an entry price 20-25% below market value. On the Stockport deal, the property had a market value of around £250,000. Andriy purchased it at £190,000 - approximately 24% below market - giving him the margin to refurbish and resell profitably.
How does the sold and came back on market filter help property investors?
When a property sale falls through, the vendor is often more motivated to sell quickly the second time around - having already spent time and legal costs on a transaction that did not complete. Property Filter's sold and came back on market filter identifies properties in exactly this situation. Andriy uses it as one of three core filters, alongside below market average and most reduced, to find sellers who are genuinely motivated rather than simply testing the market.
What profit did Andriy make on his Stockport flip and how was it calculated?
Andriy purchased the Stockport property for £190,000, spent approximately £70,000-£73,000 on refurbishment, and sold it for £372,500. After accounting for all costs - bridging finance, refurbishment, and fees - his net profit was approximately £70,000-£73,000. The total reduction from the original asking price to his purchase price was £100,000.

