first_imgHome » News » Agencies & People » WATERSHED DEAL WATERSHED DEAL7th July 20160458 Views A seven-figure deal to sell a lettings agency has been described as a major “success story” for a mother and daughter team and Swindon firm Watersheds.Ten years ago, Karen Southcott wanted to buy a residential letting agency. She approached Watersheds who found and negotiated the purchase of Underwoods in Northampton.Now Watersheds has completed a deal to sell Underwoods Town and County, which also has a branch in Wellingborough, to Countrywide.Karen said, “My daughter, Laura, joined the business and we have worked very hard to build it up.”Laura added, “When I had a baby nine months ago, my priorities changed. I wanted to be a mum, not a director and now Karen can retire and concentrate on being a granny.”David Fletcher, a partner in Watersheds, said, “Today is a big day. We have sold the business for a seven-figure sum to Countrywide plc. It is a personal success story for Karen and Laura, but also for Watersheds; it is incredibly satisfying to help a client buy a business, build it up and then sell it not just for much more, but also at twice the multiple.”Underwoods Town & County watersheds 2016-07-07The Negotiator Related articles Laptops donated by Hunters in memory of murdered York estate agent28th April 2021 Your Move parent group posts extraordinary profits surge28th April 2021 TPFG boss: Why we’ve joined rival LSL’s mortgage network27th April 2021What’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.last_img read more


first_imgThe four-bedroom properties were recently completed. The auction is scheduled for June 15.“We wanted to showcase what we are all about for future client work and also produce something that is very unique and custom that somebody will be lucky enough to purchase,” he said. “It wasn’t all about the developer’s margin. We spent money where we didn’t need to, to showcase what we can do.“We do one-off builds that are high-end quality with custom features — we designed our own front doors and balustrades for this project.” The two properties at 20A and 20B Albion Ave, Miami, are scheduled for auction on June 15 at 1pm. Ray White Broadbeach Agents Connor Malan (surfboard) and Troy Fitzgerald (snowboard) with developer Nick Makin who are ready to give away two holidays to the lucky buyers of these Miami properties. Picture: Jerad WilliamsBuying a property can be stressful, with a holiday often needed by the end of the process.One Gold Coast developer wants to alleviate that pressure by giving away a free holiday for the buyers of his Miami duplex. The two, four-bedroom pads will head under the hammer next month and the successful buyers will not only receive the keys but also a $5000 getaway. Luxury finishes are showcased throughout.The pair of properties feature open-plan designs with double-height ceilings in the main living areas, ­neutral-tone interiors, luxury finishes and an eye-catching white ­facade. Builder and developer Nick Makin, of Makin Construction, said he hoped the holidays would create hype and competition come auction day. He said the Albion Ave project was more about showcasing his company’s skills rather than making a profit. The buyers of 20A & 20B Albion Ave, Miami, will get a free holiday worth $5000.Ray White Broadbeach agent Troy Fitzgerald, who is marketing the property with Conner Malan, said one of the homes would come with a winter adventure, the other a summer escape. “For the winter holiday we are thinking New Zealand or Japan where they can go to the snow and for the summer one, Bali or Thailand,” Mr Fitzgerald said. “It was the builder’s idea — something outside the box. “There are so many new developments that come to the market between the Gold Coast and Brisbane and real estate is getting to that point now where you have to be outside the box with marketing and draw some attention to it.” MORE NEWS: How the looming election is affecting the market More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago MORE NEWS: Restaurateur’s old digs dished up to the market last_img read more