MEMBER's SUCCESS STORY

A Coventry flat secured for £130k - less than £50k cash input - while a comparable two-bed in the same building was selling for £475k
Ivan Lopez · South London · Property investor · Interviewed August 2025
AT A GLANCE
Member
Ivan Lopez
Company
South London / Coventry
Strategy
Short-lease buy-to-let with conversion potential and bridging finance
Result
Secured at £130k (normal-lease equivalent ~£250k). Less than £50k cash input vs almost £200k in cash without bridging.
PF Feature Used
Comparables tool, floor-surface filter, motivated seller filters
Feature Spotlight

Purchase Price
short-lease Coventry flat
Cash Input
with bridging on GDV
Comparable
2-bed same building
Normal-Lease Value
GDV after lease extension
Lease Extension
completed before completion
What is a short lease property and why can it be a good investment?
Property Filter's comparables tool shows you what similar properties in the same street or building have sold for, giving you instant market context without manual research on Rightmove or Zoopla. Ivan Lopez used it to discover that a two-bedroom flat with identical dimensions to his target property in the same Coventry building was selling for £475k - revealing just how underpriced his short-lease one-bed was at £130k.
how does Proprety Filter's comparables tool help investors find below-market-value deals?
Property Filter's comparables tool shows you what similar properties in the same street or building have sold for, giving you instant market context without manual research on Rightmove or Zoopla. Ivan Lopez used it to discover that a two-bedroom flat with identical dimensions to his target property in the same Coventry building was selling for £475k - revealing just how underpriced his short-lease one-bed was at £130k.
What is bridging finance and how does it work for a short-lease purchase?
Bridging finance is a short-term loan used to complete a property purchase quickly, before arranging longer-term finance. For short-lease properties, bridging is particularly powerful because it can be secured against the gross development value after the lease extension - rather than just the discounted purchase price. Ivan Lopez reduced his required cash input from almost £200k to less than £50k by bridging on the GDV of £250k.
Can you convert a one-bedroom flat into a two-bedroom flat?
In some cases, yes - provided the floor plan is large enough to accommodate a second bedroom. Ivan Lopez specifically used Property Filter's floor-surface filter to find one-bedroom properties with enough square footage for a bedroom conversion. You would typically need planning permission or permitted development rights, and leaseholder consent if the property is leasehold. Always seek legal and planning advice before purchasing with conversion in mind.
Is it worth trying Property Filter on free trial?
Ivan Lopez found his Coventry deal during his Property Filter free trial - before he had committed to a paid plan. The free trial gives full access to search, filter, and comparables features, so you can evaluate real deals with real data straight away. He has since joined the Property Filter Inner Circle to accelerate his deal flow further.

