When Christina De Jonge bought her first house at auction in 2020, she had no idea it would become the start of a 15-property portfolio.
Five years later, the mother of five from Manchester runs a thriving buy-to-let business that has helped put her children through private school and is projected to be worth around £3m by the time she retires.
Christina, 46, bought her first mid-terraced property in central Manchester for £68,000 at auction and renovated it to become her “most profitable buy-to-let”, with the house now worth roughly £125,000 and generating a 17 per cent yield, based on her original costs.
She has since gone on to invest in 14 more properties over the past five years, mostly in the Manchester area. She now believes the property portfolio could be worth around £3m by retirement, which she and her husband plan to use as their pension.
The estimate is based on the equity she has in the properties now, professional valuations and their projected growth by the time she wants to retire, which is in ten years or so.
