“ No one can join PPP with all the necessary skills and experiences. You don't have to. You will be mentored to achieve things you don't know how to do regarding terms of purchasing property, refurbishing property, finding tenants and operating your houses".
Mark Ridout - Franchise Partner
“We can't imagine trying to navigate the uncertainty of the COVID-19 pandemic without the help and support of Platinum and the other Franchise Partners. Feeling part of this community is very special to us.”
Alex and Emma - Franchise Partners
"COVID-19 has really stress tested the model, we've seen it in action and it's given us confidence that it's really robust for the future.”
Paul Reynolds, Franchise Partner
11-May-21 - The Platinum Property Partners team were delighted to be announced as the fifth winner in 2021 of the prestigious 5 Star Franchisee Satisfaction Award alldue to our incredible Franchise Partners.
This is the 3rd time in 6 years we have achieved 5 Star status. Read more here...
Since 2007, Platinum Property Partners have partnered with more than 400 people, helping them build long-term, sustainable property businesses that give them a secure, lifelong income and more time.
Unlike many other franchises, Platinum Property Partners have no brand standards – meaning their Franchise Partners build their own businesses and brands, which they keep and can continue to operate when their franchise term is over.
In contrast to most franchises, their Partners keep their assets, too, benefiting from any long-term capital growth as well as a continued lifelong income after their franchise term has ended.
And with the majority of their Partners requiring just a few days a month to manage their businesses, they get back that most precious of commodities – time.
Any great franchise should have a proven, tried, and tested business model for franchisees to follow.
Platinum Property Franchise Partners follow a robust model that de-risks their investment in highly profitable, but complex co-living properties.
Known as Houses in Multiple Occupation (HMOs), their robust model is backed by expert training, mentoring, and coaching, as well as ongoing support – eliminating potentially costly mistakes and protecting our Franchise Partners’ investment capital.
Houses in Multiple Occupation (HMOs) might spark images of student houses or ‘low quality’, cramped properties.
The co-living properties Platinum Property Franchise Partners offer couldn’t be further from that stereotype – they’re beautifully renovated, high-quality, safe, and bespoke homes for professional people.
They’re also extremely profitable for our Franchise Partners – up to three times more lucrative than standard buy-to-lets.
On average, their Franchise Partners earn £20,000 per year from each property they own and generate returns on equity of between 10% and 15%.
Platinum Property encourage and guide their Franchise Partners to grow their properties businesses over time, with many enjoying annual incomes in excess of £100,000.
‘I can invest in property on my own – why do I need to pay a franchise to do it?’
It’s a question heard frequently and, of course, the answer is: ‘You don’t.’
But any investment is a risk and co-living property investment comes with some hugely costly potential mistakes – not least buying a property that either can’t be converted into an HMO due to licensing restraints or won’t work as a co-living home due to its layout or size.
Platinum's planning, licensing, purchasing and renovation mentors simply don’t allow those kinds of mistakes to happen.
They de-risk the process of building a property business and helps to ensure our Franchise Partners generate the highest possible returns.
The franchise fee is £24,000 + VAT. Franchise Partners will need in excess of £175,000 working capital to fund both the franchise fee and the purchase and renovation of their first property.
The actual amount of capital depends, of course, on where you’re looking to invest – for example, a property in London will cost more to purchase and renovate than one in the North West or Yorkshire & The Humber.
The short answer is ‘none’. The most important traits Platinum look for in Franchise Partners is determination, positivity, and a community-minded outlook.
By that, they mean they want Franchise Partners to become part of their community and play their part in the continued growth of what has become a powerful and collaborative network.
Franchise Partners come from all walks of life: some have property investment experience, others have none; some have owned their own businesses, while others are employed and remain so while they grow their Property Investment Business.
COVID-19 has really stress tested the model, we've seen it in action and it's given us confidence that it's really robust for the future.Paul Reynolds - Franchise Partner
No one can join PPP with all the necessary skills and experiences. You don't have to. You will be mentored to achieve things you don't know how to do regarding terms of purchasing property, refurbishing property, finding tenants and operating your houses.Mark Ridout - Franchise Partner
We can't imagine trying to navigate the uncertainty of the COVID-19 pandemic without the help and support of Platinum and the other Franchise Partners. Feeling part of this community is very special to us.Alex and Emma - Franchise Partners