MEMBER SUCCESS STORY

How Matt Drury Uses Property Filter to Source and Close Short Lease Deals in Southeast London

How Matt Drury Uses Property Filter to Source and Close Short Lease Deals in Southeast London

How Matt Drury Uses Property Filter to Source and Close Short Lease Deals in Southeast London

How Matt Drury Uses Property Filter to Source and Close Short Lease Deals in Southeast London

Property Filter logo featuring a blue brick circle icon with three tilted property filter symbols, next to bold blue text reading 'PROPERTY FILTER'
Property Filter logo featuring a blue brick circle icon with three tilted property filter symbols, next to bold blue text reading 'PROPERTY FILTER'
Matt Drury - Property Filter member, short lease investor Southeast London

Surrey short lease deal agreed at 5K below the original cash offer - after two months of pipeline follow-up and two to three letters via Property Filter's campaign manager

Matt Drury · Southeast London · Short lease investor

AT A GLANCE

Member

Matt Drury

Company

Venture Inside Property

Background

Financial services and process management - co-founded Venture Inside Property with Oliver; 10+ years investing experience

Location

Southeast London

Strategy

Short lease Victorian conversion flats in SE London - refurb, extend lease, refinance and hold or assisted sale

Deal

Surrey short lease flat - 2-3 letters, ~2 months pipeline follow-up, agreed at 5K below original cash offer; vendor needed two-week completion

PF Feature Used

Short lease filter, below market average (20% below postcode average), price reduction tracking, direct vendor letter campaign, pipeline follow-up reminders, area data and comparables

"It's easy to make excuses when you're not seeing much progress at the start but everything's there for you. You've just got to use it and take action."

- Matt Drury, Venture Inside Property, Southeast London

Results like these are happening every week. See how Property Filter works.

Matt Drury co-founded Venture Inside Property to focus on a niche most investors overlook: short lease flats in Southeast London. His strategy is to find motivated vendors of Victorian conversion flats, negotiate a below market purchase, refurbish, extend the lease, and either refinance and hold or sell on to another investor. Property Filter gave him the data layer and the outreach tools to make that strategy work systematically - including one Surrey deal where two months of patient follow-up led to a price lower than the offer the vendor originally rejected.

Matt's challenge before Property Filter

Before Property Filter, Matt was spending time on the same portals as every other investor - scrolling through Rightmove, opening listings one by one, and trying to read motivation from a standard listing page. The problem was that a standard listing page does not tell you much. You cannot see whether the asking price has dropped, how long the property has been sitting there, how many agents have tried and failed to shift it, or what the vendor paid for it in the first place.

For a strategy built around short lease flats - a niche where vendor motivation is often the critical variable - this information gap was a real obstacle. Matt could identify that a property had a short lease. What he could not easily do was separate the vendors who were genuinely motivated to sell from those who were simply testing the market at an optimistic price.

He was also working without a systematic way to stay in front of vendors over time. When a vendor said no to an initial approach, there was no easy mechanism to keep the relationship alive and come back at the right moment.

"Just having all that data right in front of you to see how motivated the seller really is is a game changer really."

He knew that motivated sellers existed in his market - the challenge was finding them efficiently and making the most of every contact once found. Property Filter changed both.

How Matt uses Property Filter to find short lease deals in SE London

Matt's starting point in Property Filter is the short lease filter. The platform displays remaining lease length directly, so he can surface short lease properties across his target area without opening every listing individually. He layers this with the below market average filter - set to flag properties priced at 20% or more below the average asking price for their postcode. That combination narrows the list to short lease flats where the pricing already suggests something is driving a sale.

He also tracks price reductions. When a property has had its asking price cut - once, twice, multiple times - that pattern is visible in Property Filter's sourcing data. A vendor reducing the price repeatedly is telling you something. Combined with time on market and the number of agents a property has had, Matt can build a picture of how motivated a seller is before he makes any contact.

"I feel confident that I know what's happening with this property. I know how long it's been on the market for. I know how many agents have had it. I know what it was originally purchased for."

Once he has identified a target property, Matt uses Property Filter's direct vendor letter campaign to make contact. He schedules letters to go out in advance so the outreach happens consistently without requiring manual effort each time. The campaign manager handles the sequencing - Matt sets it up, and the follow-up process runs.

He also saves every property he is tracking to his pipeline, with reminder follow-ups set at regular intervals. He checks in with vendors by text every couple of weeks, not just to push for a deal but to stay present. His view is simple: keep going until the vendor asks you to stop - and even then, perhaps carry on.

"Until they say, 'Please stop messaging me.' I'll probably carry on."

The data in Property Filter also informs how Matt approaches conversations with vendors and agents. He arrives knowing what the property was originally purchased for, how its price compares to the local average, and how long the current vendor has been trying to sell. That context gives him confidence in negotiation - he is not guessing at motivation, he can see it in the numbers.

"You've actually got to make the deal. The data is there to indicate whether a good deal could be made or not."

Matt Drury co-founded Venture Inside Property to focus on a niche most investors overlook: short lease flats in Southeast London. His strategy is to find motivated vendors of Victorian conversion flats, negotiate a below market purchase, refurbish, extend the lease, and either refinance and hold or sell on to another investor. Property Filter gave him the data layer and the outreach tools to make that strategy work systematically - including one Surrey deal where two months of patient follow-up led to a price lower than the offer the vendor originally rejected.

Matt's challenge before Property Filter

Before Property Filter, Matt was spending time on the same portals as every other investor - scrolling through Rightmove, opening listings one by one, and trying to read motivation from a standard listing page. The problem was that a standard listing page does not tell you much. You cannot see whether the asking price has dropped, how long the property has been sitting there, how many agents have tried and failed to shift it, or what the vendor paid for it in the first place.

For a strategy built around short lease flats - a niche where vendor motivation is often the critical variable - this information gap was a real obstacle. Matt could identify that a property had a short lease. What he could not easily do was separate the vendors who were genuinely motivated to sell from those who were simply testing the market at an optimistic price.

He was also working without a systematic way to stay in front of vendors over time. When a vendor said no to an initial approach, there was no easy mechanism to keep the relationship alive and come back at the right moment.

"Just having all that data right in front of you to see how motivated the seller really is is a game changer really."

He knew that motivated sellers existed in his market - the challenge was finding them efficiently and making the most of every contact once found. Property Filter changed both.

How Matt uses Property Filter to find short lease deals in SE London

Matt's starting point in Property Filter is the short lease filter. The platform displays remaining lease length directly, so he can surface short lease properties across his target area without opening every listing individually. He layers this with the below market average filter - set to flag properties priced at 20% or more below the average asking price for their postcode. That combination narrows the list to short lease flats where the pricing already suggests something is driving a sale.

He also tracks price reductions. When a property has had its asking price cut - once, twice, multiple times - that pattern is visible in Property Filter's sourcing data. A vendor reducing the price repeatedly is telling you something. Combined with time on market and the number of agents a property has had, Matt can build a picture of how motivated a seller is before he makes any contact.

"I feel confident that I know what's happening with this property. I know how long it's been on the market for. I know how many agents have had it. I know what it was originally purchased for."

Once he has identified a target property, Matt uses Property Filter's direct vendor letter campaign to make contact. He schedules letters to go out in advance so the outreach happens consistently without requiring manual effort each time. The campaign manager handles the sequencing - Matt sets it up, and the follow-up process runs.

He also saves every property he is tracking to his pipeline, with reminder follow-ups set at regular intervals. He checks in with vendors by text every couple of weeks, not just to push for a deal but to stay present. His view is simple: keep going until the vendor asks you to stop - and even then, perhaps carry on.

"Until they say, 'Please stop messaging me.' I'll probably carry on."

The data in Property Filter also informs how Matt approaches conversations with vendors and agents. He arrives knowing what the property was originally purchased for, how its price compares to the local average, and how long the current vendor has been trying to sell. That context gives him confidence in negotiation - he is not guessing at motivation, he can see it in the numbers.

"You've actually got to make the deal. The data is there to indicate whether a good deal could be made or not."

Feature Spotlight

Matt's approach: direct vendor letters and persistent pipeline follow-up

Matt uses Property Filter's direct vendor letter campaign and pipeline follow-up system together as a single outreach engine. Letters go out to vendors of short lease flats on a scheduled basis. Vendors who respond are entered into a pipeline with reminder follow-ups set at two-week intervals. When a vendor does not respond, Matt keeps the reminder running - texting every couple of weeks to check whether circumstances have changed.

The approach reflects a view that the data only takes you so far. Knowing a property is short lease, below market average, and has been listed with multiple agents tells you a deal might be there. Turning that into an actual agreement requires consistent presence over time.

"It's easy to make excuses when you're not seeing much progress at the start but everything's there for you. You've just got to use it and take action."

Matt's approach: direct vendor letters and persistent pipeline follow-up

Matt uses Property Filter's direct vendor letter campaign and pipeline follow-up system together as a single outreach engine. Letters go out to vendors of short lease flats on a scheduled basis. Vendors who respond are entered into a pipeline with reminder follow-ups set at two-week intervals. When a vendor does not respond, Matt keeps the reminder running - texting every couple of weeks to check whether circumstances have changed.

The approach reflects a view that the data only takes you so far. Knowing a property is short lease, below market average, and has been listed with multiple agents tells you a deal might be there. Turning that into an actual agreement requires consistent presence over time.

"It's easy to make excuses when you're not seeing much progress at the start but everything's there for you. You've just got to use it and take action."

Property Filter direct vendor letter campaign manager and pipeline follow-up reminders

The result: a Surrey short lease deal agreed at 5K below the original offer

The result: a Surrey short lease deal agreed at 5K below the original offer

5K

5K

5K

5K

Below Offer

below original cash offer

2-3

2-3

2-3

2-3

Letters Sent

via campaign manager

~2 mo

~2 mo

~2 mo

~2 mo

Follow-Up Period

pipeline reminders

~2 wks

~2 wks

~2 wks

~2 wks

Completion Speed

vendor's requirement

~1 yr

~1 yr

~1 yr

~1 yr

On Property Filter

at time of interview

The deal that illustrates the approach best was a short lease flat in Surrey. Matt found the property through Property Filter, added it to his campaign, and sent around two to three letters to the vendor via the campaign manager. He made a low cash offer. The vendor declined - they wanted to try the open market first.

Rather than moving on, Matt added the property to his pipeline and set a reminder to follow up every couple of weeks. He sent a short text to check in, not to chase, just to stay present. For around two months, there was no meaningful response. Then the vendor came back and asked whether Matt's original offer still stood.

By that point, the vendor's situation had shifted. They needed to complete in a couple of weeks. Matt was ready to move quickly - and because he was ready, he was able to negotiate. He agreed a price 5K lower than his original low cash offer. The vendor got the speed of completion they needed. Matt got a deal below the price he had already been prepared to pay.

The outcome came directly from two things: the initial data from Property Filter that flagged the property as a motivated seller opportunity, and the pipeline follow-up system that kept him in front of the vendor long enough for the circumstances to change. To see how the platform works in practice, watch the Property Filter demo.

Watch Matt Drury's full Property Filter story

Matt shares the full details of how he uses Property Filter for short lease deals in Southeast London, including how the vendor letter campaign and pipeline system work together, and what he has learned about persistence in deal-making.

The deal that illustrates the approach best was a short lease flat in Surrey. Matt found the property through Property Filter, added it to his campaign, and sent around two to three letters to the vendor via the campaign manager. He made a low cash offer. The vendor declined - they wanted to try the open market first.

Rather than moving on, Matt added the property to his pipeline and set a reminder to follow up every couple of weeks. He sent a short text to check in, not to chase, just to stay present. For around two months, there was no meaningful response. Then the vendor came back and asked whether Matt's original offer still stood.

By that point, the vendor's situation had shifted. They needed to complete in a couple of weeks. Matt was ready to move quickly - and because he was ready, he was able to negotiate. He agreed a price 5K lower than his original low cash offer. The vendor got the speed of completion they needed. Matt got a deal below the price he had already been prepared to pay.

The outcome came directly from two things: the initial data from Property Filter that flagged the property as a motivated seller opportunity, and the pipeline follow-up system that kept him in front of the vendor long enough for the circumstances to change. To see how the platform works in practice, watch the Property Filter demo.

Watch Matt Drury's full Property Filter story

Matt shares the full details of how he uses Property Filter for short lease deals in Southeast London, including how the vendor letter campaign and pipeline system work together, and what he has learned about persistence in deal-making.

Frequently asked questions

Frequently asked questions

What is Property Filter's direct vendor letter campaign and how does it help close deals?

Property Filter makes the remaining lease length visible directly in the platform, allowing investors to filter for short lease properties across their target area without opening each listing individually. Matt Drury combines this with the below market average filter - set to surface properties priced at 20% below the postcode average asking price - so he only sees flats that are both short lease and showing motivated seller signals. He can also see price reduction history, time on market, number of agents the property has had, and what it was originally purchased for - data that is not visible on Rightmove or Zoopla.

How does Property Filter help investors identify short lease flat opportunities?

Property Filter makes the remaining lease length visible directly in the platform, allowing investors to filter for short lease properties across their target area without opening each listing individually. Matt Drury combines this with the below market average filter - set to surface properties priced at 20% below the postcode average asking price - so he only sees flats that are both short lease and showing motivated seller signals. He can also see price reduction history, time on market, number of agents the property has had, and what it was originally purchased for - data that is not visible on Rightmove or Zoopla.

Why did a vendor accept 5K below the original offer after months of no contact?

The vendor on Matt Drury's Surrey deal initially wanted to sell on the open market and rejected his cash offer. Matt added the property to his Property Filter pipeline and set reminder follow-ups every couple of weeks. After around two months, the vendor made contact to ask whether his original offer still stood. By that point, the vendor's circumstances had changed - they needed to complete in a couple of weeks. Matt was able to negotiate a price 5K lower than his original cash offer precisely because he could move quickly and had maintained consistent contact through the pipeline system.

How does the Property Filter pipeline and follow-up reminder system work?

Property Filter's pipeline allows investors to save properties they are tracking and set scheduled reminders to follow up at regular intervals. Matt Drury uses it to stay in contact with vendors of properties he has approached but not yet agreed a deal on. By setting reminders every couple of weeks, he maintains a presence without needing to manage a separate spreadsheet or diary system. The pipeline keeps all his tracked properties in one place alongside the data from Property Filter - so when a vendor responds, he already has the full picture of that property in front of him.

What does Property Filter show about a property that Rightmove does not?

When Matt Drury looks at a property in Property Filter, he can see how long it has been on the market, how many agents have listed it, what it was originally purchased for, how its price compares to the postcode average, and whether its asking price has been reduced. This context - which is not visible in a standard Rightmove or Zoopla listing - tells him how motivated a seller is likely to be before he makes contact. Matt describes this as a "game changer" because it allows him to focus his time and conversations on properties where a deal is genuinely achievable.

Ready to find your next property deal?

Ready to find your next property deal?

Ready to find your next property deal?

Matt's story shows what patient, data-led follow-up looks like in practice. Property Filter gives you the signals to know when a deal might be there - and the tools to stay in front of the vendor until the timing is right.

Matt's story shows what patient, data-led follow-up looks like in practice. Property Filter gives you the signals to know when a deal might be there - and the tools to stay in front of the vendor until the timing is right.

See how Property Filter works and what it could do for your pipeline.

See how Property Filter works and what it could do for your pipeline.