PROPERTY EDUCATION:
PROPERTY EDUCATION:
PROPERTY EDUCATION:
MAIN STRATEGY:
HMO
HMO
TIME MEMBER:
Since 2022
Jas and Nisha Jassal, founders of Castlewood Homes, have built an impressive £7 million property portfolio within just three years, thanks to their commitment and strategic use of Property Filter. Having been featured in YPN magazine, their journey is an inspiring example of how transitioning from occasional property deals to building a thriving business can lead to financial freedom and lifestyle flexibility. Now, they are able to take holidays every six weeks, travel with their children, and enjoy more control over their time.
Jas and Nisha Jassal, founders of Castlewood Homes, have built an impressive £7 million property portfolio within just three years, thanks to their commitment and strategic use of Property Filter. Having been featured in YPN magazine, their journey is an inspiring example of how transitioning from occasional property deals to building a thriving business can lead to financial freedom and lifestyle flexibility. Now, they are able to take holidays every six weeks, travel with their children, and enjoy more control over their time.
"Our main goal was to be time free, to leave full-time work, and to spend more time with our family while growing our portfolio."
"Our main goal was to be time free, to leave full-time work, and to spend more time with our family while growing our portfolio."
"Our main goal was to be time free, to leave full-time work, and to spend more time with our family while growing our portfolio."
Challenges Before Property Filter
Before discovering Property Filter, Jas and Nisha’s property business was slow and frustrating. As a couple trying to manage all aspects of their property business, they found themselves overwhelmed and bogged down by endless hours of research, swinging between property platforms. The inefficiency of spreadsheets, manual tracking, and repeating the same search patterns led to arguments and stalled growth. Their vision was to create a property business that allowed them time freedom and the ability to grow quickly — but they were stuck.
Challenges Before Property Filter
Before discovering Property Filter, Jas and Nisha’s property business was slow and frustrating. As a couple trying to manage all aspects of their property business, they found themselves overwhelmed and bogged down by endless hours of research, swinging between property platforms. The inefficiency of spreadsheets, manual tracking, and repeating the same search patterns led to arguments and stalled growth. Their vision was to create a property business that allowed them time freedom and the ability to grow quickly — but they were stuck.
"We were looking at the same properties over and over, wasting time, getting frustrated, and even arguing — we just couldn’t move the business fast enough."
"We were looking at the same properties over and over, wasting time, getting frustrated, and even arguing — we just couldn’t move the business fast enough."
Introducing the software
Their business took a pivotal turn two years ago when they were introduced to Property Filter. The platform provided everything in one place, eliminating the need to juggle multiple sites for sold history, comparables, and market trends. Jas, a detail-oriented land buyer who worked for a large Housing Association purchasing properties and taking them through planning, and Nisha, previously in accounts, found Property Filter’s simplicity and powerful data to be game-changing.
Introducing the software
Their business took a pivotal turn two years ago when they were introduced to Property Filter. The platform provided everything in one place, eliminating the need to juggle multiple sites for sold history, comparables, and market trends. Jas, a detail-oriented land buyer who worked for a large Housing Association purchasing properties and taking them through planning, and Nisha, previously in accounts, found Property Filter’s simplicity and powerful data to be game-changing.
"Being able to access everything in one place — price history, comparables, market data — that was a lightbulb moment for us."
"Being able to access everything in one place — price history, comparables, market data — that was a lightbulb moment for us."
Favourite Features
For Nisha and Jas, Property Filter became a system they could trust, one that cut their admin time from hours every day to just two hours per week. Instead of scrolling through listings for hours on end, they now allocate specific time blocks for research and due diligence.
Their favourite features include:
Favourite Features
For Nisha and Jas, Property Filter became a system they could trust, one that cut their admin time from hours every day to just two hours per week. Instead of scrolling through listings for hours on end, they now allocate specific time blocks for research and due diligence.
Their favourite features include:
Price and History Chart™: This feature provides an instant snapshot of a property’s past, offering valuable insights that give them an edge when negotiating with agents.
Pipeline-style CRM System: It helps them stay organised and laser-focused, ensuring they never miss an opportunity.
Pipeline-style CRM System: It helps them stay organised and laser-focused, ensuring they never miss an opportunity.
Nisha, who doesn’t consider herself very tech-savvy, loves the simplicity of the software: “It’s easy to use, everything is on one page, and it’s all systemised.”
Nisha, who doesn’t consider herself very tech-savvy, loves the simplicity of the software: “It’s easy to use, everything is on one page, and it’s all systemised.”
Efficient HMO Workflow
To maintain a steady HMO workflow, Jas and Nisha follow a structured process using Property Filter’s tools. By leveraging the platform’s lead generation and pipeline features, they streamline their deal sourcing. Their process begins by setting the lead generator to target specific areas of interest using the HMO conversion template. A key decision early on is whether the property is located within an Article 4 area, as this can affect HMO conversions. They focus on properties that have been on the market for some time, prioritising listings marked as "back on market and reduced," while ignoring new listings.
From there, they review external photos to assess the property’s appearance and check if it's located within a convenient distance from local amenities. A quick review of the floor plan confirms if it’s suitable for HMO conversion. Once a property meets their criteria, they move it to the pipeline for further due diligence, contact the agent to arrange a viewing, and promptly place an offer. This systematic approach ensures they maintain a steady deal flow and never miss an opportunity.
Efficient HMO Workflow
To maintain a steady HMO workflow, Jas and Nisha follow a structured process using Property Filter’s tools. By leveraging the platform’s lead generation and pipeline features, they streamline their deal sourcing. Their process begins by setting the lead generator to target specific areas of interest using the HMO conversion template. A key decision early on is whether the property is located within an Article 4 area, as this can affect HMO conversions. They focus on properties that have been on the market for some time, prioritising listings marked as "back on market and reduced," while ignoring new listings.
From there, they review external photos to assess the property’s appearance and check if it's located within a convenient distance from local amenities. A quick review of the floor plan confirms if it’s suitable for HMO conversion. Once a property meets their criteria, they move it to the pipeline for further due diligence, contact the agent to arrange a viewing, and promptly place an offer. This systematic approach ensures they maintain a steady deal flow and never miss an opportunity.
Deal case study
One standout deal they sourced through Property Filter was Project 101W, a prime example of their ability to find and execute highly profitable deals. The property, a three-bedroom house, had been sitting empty for some time and had gone through multiple agents due to failed sales. It was eventually purchased as a probate sale for £265,000.
Deal case study
One standout deal they sourced through Property Filter was Project 101W, a prime example of their ability to find and execute highly profitable deals. The property, a three-bedroom house, had been sitting empty for some time and had gone through multiple agents due to failed sales. It was eventually purchased as a probate sale for £265,000.
Before
Before
Before
Before
Jas and Nisha saw the potential and used their expertise, along with Property Filter’s tools, to convert the house into a seven-bedroom HMO, including one studio with its own kitchenette. The total project cost, including all works and fees, came to £512,000. Notably, they improved the energy efficiency of the property, achieving an EPC rating of B by installing solar panels.
Jas and Nisha saw the potential and used their expertise, along with Property Filter’s tools, to convert the house into a seven-bedroom HMO, including one studio with its own kitchenette. The total project cost, including all works and fees, came to £512,000. Notably, they improved the energy efficiency of the property, achieving an EPC rating of B by installing solar panels.
After
After
After
After
The project faced opposition from the local community, but with persistence, they gained planning committee approval despite 16 objections. After the conversion, they secured a post-works valuation of £770,000, which has since generated a net cash flow of £21,000 annually.
The project faced opposition from the local community, but with persistence, they gained planning committee approval despite 16 objections. After the conversion, they secured a post-works valuation of £770,000, which has since generated a net cash flow of £21,000 annually.
Purchase Price
£265,000
Works
Development
Cost
£200,000
Other Costs
£47,000
Total Costs
£512,000
Cash Needed
(investor funded)
£315,000
Post Works Valuation
Post Works Valuation
£770,000
Cash Released
£380,000
All Money out + £65k
Net Cashflow
£21,060 pa/ £1,755pm
Future Scaling While Enjoying Freedom
Jas and Nisha are looking ahead with excitement. Their goal is to continue scaling while enjoying the freedom they’ve worked so hard for — spending more time with their children and travelling the world. Their advice to other property investors?
Future Scaling While Enjoying Freedom
Jas and Nisha are looking ahead with excitement. Their goal is to continue scaling while enjoying the freedom they’ve worked so hard for — spending more time with their children and travelling the world. Their advice to other property investors?
"Trust the system, trust the process. When you get laser-focused, you see results much faster."
"Trust the system, trust the process. When you get laser-focused, you see results much faster."
Ready to Level Up? Join Jas and Nisha on their property journey by visiting their website castlewoodhomes.co.uk or following their Instagram @castlewoodhomes.
Want to see how Jas and Nisha and other successful Property Filter Members are finding deals? Watch Property Filter demo now!
Ready to Level Up? Join Jas and Nisha on their property journey by visiting their website castlewoodhomes.co.uk or following their Instagram @castlewoodhomes.
Want to see how Jas and Nisha and other successful Property Filter Members are finding deals? Watch Property Filter demo now!
MAIN STRATEGY:
HMO
TIME MEMBER:
Since 2022
Sign up below to our exclusive newsletter to stay ahead in property investment and not miss a beat.
Find your next deal today
Find your next deal today
Find your next deal today
Find your next deal today
30 HMO property deals in 18 months
“Property Filter is an integral part of our business.”
Phil Bygrave director at Invest Multi-Let Property Management & Property Portfolio Building is sharing his experience using Property Filter to secure multiple HMO deals.
How to double your property deals?
“Property Filter helped us meet our goal of acquiring 4 properties a year”
Discover how Sam Carter from SJC Property Developments uses Property Filter to streamline his deal sourcing, acquiring multiple high-value properties and scaling his BRR based property business.