We buy undervalued London apartments that most buyers cannot: short leases,
repossessions, probate sales and uninhabitable stock. We extend the lease, reconfigure the
layout, and refurbish the property with our own renovation team. Twelve years of running that
business is where the advantage sits.
We only buy where value can be created, not just paid for.
Every deal has at least two levers we can pull to raise value. Buying for cash lets us move
quickly on the right stock. Doing the refurbishment ourselves lets us control the three costs
that decide whether a deal works: labour, materials and time.
1
Acquire the right stock
We target short-lease flats, repossessions, probate sales and uninhabitable properties, where the seller
is motivated and the market is thin. Cash purchase means we move fast, close on our terms, and avoid
mortgage-driven timelines.
2
Extend the lease
Where the lease is short, we extend it. A statutory 90-year extension on a flat with under 80 years
remaining is often the single biggest value uplift on the deal, and one that most buyers won't or can't
do.
3
Reconfigure the layout
Rooms that do not work for a modern buyer get redrawn. Two-bed conversions, dual-aspect living space,
better circulation, an en-suite where the layout allows. Small re-planning moves change how a flat feels
far more than their cost suggests.
4
Fully refurbish, in-house
Bathrooms, kitchens, electrics, plumbing and decoration are all delivered by our own team. We are not an
investor paying a builder. We are the builder, which is what lets us hold cost, quality
and programme where an outside investor cannot.
5
Sell into the whole market
We present each finished property with agent-ready photography and clear compliance documentation (Gas
Safe, electrical, warranty). Priced against local comps and aimed at first-time buyers, to sell within 8
to 12 weeks.
6
Recycle the capital
Proceeds from each sale roll into the next acquisition, two deals at a time at present. No over-leverage.
The Market Gap
We deliberately buy where the crowd cannot follow.
Every property we target is unmortgageable at the point of purchase, whether through a short
lease, poor condition, probate or repossession. That one fact removes most of our competition. First-time
buyers cannot borrow against them, chain buyers cannot proceed on them, and most investors are not set up to
fix them. A cash buyer with its own renovation team has this market largely to itself.
Once the lease is extended, the layout reworked and the refurbishment finished, the same flat is mortgageable
and ready to move into. That opens it to first-time buyers, the largest and most active
segment of the UK market, with a clean legal pack and nothing left to do. We buy where competition is thin and
sell where demand is deep.
Skin in the Game
Around £500,000 of our own capital is already at work.
Both current projects, 27 Cotelands and 30 Chepstow Road, are 100% cash funded from A&G Renovations
company funds. Acquisition and refurbishment across the two deals comes to roughly
£500,000. The full risk sits with us.
We intend to open co-investment on future deals only once these two have sold and proved the model, and we
will continue committing our own capital to every deal alongside anyone else's.
Property investing has no shortage of promoters who take an arrangement fee and move on. We spent
over a decade renovating London homes for paying clients before we bought our first property to sell, and we
fund every deal ourselves before asking anyone else to come in.
Deal Analyses
Every deal, documented in full.
Every property is analysed to the same format, covering acquisition costs, project costs, exit costs, ARV, net
profit, ROI, a set of health checks applied to every deal, and a stated fallback position if the property does
not sell to plan. Our live and recent projects are below.
27 Cotelands
On the Market
Croydon, London · CR0 5UD
▶
Deal thesis
Cash-acquired leasehold flat in Croydon, bought off-market at a discount to the local comparable.
Purchased as a full-refurb opportunity with a short lease, which we extended during the works. Bathroom,
kitchen, electrics and decoration all completed by A&G's own team.
Full financial detail on this deal, including cost breakdown, margin analysis and downside modelling,
is available on request. Register your interest or contact us directly at property@ag-renovations.co.uk.
Status
Refurbishment complete. Marketed with a local agent at £420,000, supported by comparable sales in the
immediate area. Sale expected within 8–12 weeks of listing. View the live Rightmove listing ↗
Walkthrough recorded before refurbishment, covering the acquisition criteria and
the plan for the flat.
Deal thesis
Cash purchase at auction with a garage included in the lot. Share of freehold transfers on completion,
which keeps the lease extension inexpensive. Analysed across four refurbishment and ARV scenarios (£35–40K
refurb against £220–240K ARV), progressing to the higher-finish £240K target.
Full financial detail on this deal, including cost breakdown, margin analysis and downside modelling,
is available on request. Register your interest or contact us directly at property@ag-renovations.co.uk.
Status
Currently in legals. Share-of-freehold transfer confirmation, asbestos survey and Fire Risk Assessment
scheduled ahead of completion. Refurbishment starts on the day keys are handed over.
Completed deal case studies will appear here as each project sells and settles. Every future
case study will be published in this same format.
Why A&G
An operator, not an intermediary.
A&G is a working domestic renovation business completing 60 to 70 bathroom, kitchen and
full-refurbishment projects a year across London. The property arm is built on that operation. We
know the trades, the materials, the realistic timelines, and what each one costs when it goes wrong.
Alongside the trade experience sits deliberate study of the investment side, covering acquisition strategy,
valuation, planning, lease extension, tax and exit.
Andrius Grisanovas on twelve years of A&G Renovations
Andrius founded A&G Renovations in March 2014 after three years working as a self-employed tradesman in
London, specialising in tiling before expanding into full bathroom and kitchen renovation. He started the
company with limited funds and no outside investment. It now runs an in-house team of around fourteen people.
Alongside the trade career he studied Business Administration and Management at Anglia Ruskin University,
including an international business semester at DHBW Baden-Wuerttemberg in Germany. That combination of site
experience and formal business training is what shaped how A&G operates, and it is the same discipline
applied to the property arm.
EducationBA (Hons) Business Administration & Management, Anglia Ruskin University
InternationalInternational Business Programme, DHBW Baden-Wuerttemberg, Germany
Trade qualificationDomestic Plumbing
Health & safetyAsbestos Awareness, Category A
Company credentials
EstablishedA&G Renovations Ltd, incorporated March 2014. Twelve years trading.
Track record60 to 70 complete bathroom, kitchen and refurbishment projects a year across
London
TeamIn-house team of approximately fourteen, covering estimating, installation and
project coordination
AccreditationMember of BIFIS, the British Institute of Fitted Interiors Specialists
Insurance£5 million Public Liability Insurance
Guarantee12-month labour guarantee on all completed work
Client reviewsExcellent rating on Google and Trustpilot, 40+ verified reviews
ComplianceLicensed waste carrier. Gas Safe registered engineers and qualified electricians on
all notifiable work.
Why Now
The London market suits our model right now.
Interest rates, flat transaction volumes and a growing pool of short-lease flats have combined to produce
motivated sellers and unusually thin bidding on the stock we buy.
Signal 01
Short-lease supply
Rising numbers of London leasehold flats now sit under 80 years, off-limits to most mortgage lenders, but
ideal for a cash buyer with lease-extension expertise.
Signal 02
Auction repossessions
Repossessions and forced sales are trickling back into UK auctions after the rate-cycle shift, providing
consistent access to below-market stock.
Signal 03
Probate backlog
The probate backlog has left many properties inherited but unmodernised, with executors motivated to sell
and few competing bidders.
Signal 04
Refurb cost inflation
Refurbishment costs have risen faster than sale prices, which punishes amateur flippers and rewards anyone
who controls labour and materials directly.
Co-Invest with A&G
Interested in joining future deals?
Once our first two self-funded projects sell and settle, we will open a small number of future deals to
co-investors on a profit-share basis, with A&G capital committed to every project alongside theirs.
We are not raising money publicly at this time and no returns are quoted here. If you would like to be
invited to preview future deals when they open, please register your interest and we will be in touch
privately.
Same deal-analysis format on every future opportunity, before you commit.
A&G capital continues alongside investor capital on every deal.
Full documentation, downside modelling and health checks shared up front.
You choose which deals to participate in, one at a time.
Important: please read. The information on this page is provided for
information purposes only. It is not an offer or invitation to invest, and does not constitute financial, tax
or legal advice. Any future co-investment opportunity offered by A&G Renovations Ltd or an associated entity
will be made available only to eligible investors, subject to the applicable UK regulatory framework
(including, where relevant, the Financial Services and Markets Act 2000 and the Financial Promotion Order),
and will be documented under separate deal-specific terms. Property values, refurbishment costs, and sale
prices are estimates based on stated assumptions; actual results may vary. Past performance of A&G's
renovation business is not a guarantee of the performance of any future property investment. You should
consult an independent financial adviser before making any investment decision.
