The Scottish Property Podcast

At just 27, Ally Wilkes was diagnosed with a rare form of cancer—an experience that completely changed how she viewed time, security and the life she wanted to build.

After years working in the NHS, Ally took the leap into property. She completed a flip that made just under £30,000, used the BRR strategy to build her own portfolio and eventually left her job to run ACG Property, managing renovation projects for investors.

In this honest conversation with Nick and Steven, Ally shares the numbers behind her deals, the reality of becoming self-employed, the nightmare first tenant who trashed her property and what investors should realistically expect to spend on a refurbishment today.

EPISODE HIGHLIGHTS
• How a cancer diagnosis at 27 changed Ally’s outlook on work, security and life
• Why she had wanted to become a property developer from a young age
• The numbers behind her first flip: bought for £81,000, spent around £17,000 and sold for £135,750
• How that first project produced a profit of just under £30,000
• Her first BRR: bought for £66,000, refurbished for around £30,000 and revalued at £130,000
• What happened when her first buy-to-let tenant trashed the property after only eight weeks
• Leaving the NHS and adjusting to the lack of routine that comes with self-employment• How networking and sharing her journey online helped Ally secure her first clients
• Why Ally charges 15% of the refurbishment cost for project management
• Why Ally budgets roughly £15,000–£20,000 for a good two-bedroom refurbishment with kitchen and bathroom upgrades, excluding electrics, windows and boiler or heating work
• The hidden problems investors cannot always spot before work begins, including thermal bridging
• Why Ally prioritises good-quality assets instead of growing a portfolio for appearances

TIMESTAMPS
00:00 - Meet Ally Wilkes
01:47 - Wanting to work in property from a young age
06:38 - The cancer diagnosis that changed everything
15:37 - Why property became Ally’s next chapter
18:27 - The numbers behind her first flip
21:49 - Moving from flipping to BRR and buy-to-let
22:16 - A £66,000 purchase revalued at £130,000
22:53 - The nightmare first tenant
27:23 - Leaving the NHS for property full-time
33:26 - How networking brought Ally her first clients
35:42 - Building a personal brand by being authentic
38:19 - Why investors use a project manager
39:27 - Project-management fees and realistic budgets
43:17 - What a two-bedroom refurbishment costs today
45:09 - Thermal bridging and other hidden problems
48:12 - Kitchens, bathrooms and timeless design
51:53 - Managing a refurbishment for a remote investor
53:23 - Ally’s plans for ACG Property and her portfolio
- 55:29 Where to connect with Ally

CONNECT WITH ALLY
Ally Wilkes — ACG Property
Instagram: https://www.instagram.com/allywilkesproperty_inhaus/

NETWORKING EVENTS
First Wednesday of every month
📍 Aberdeen | Dundee | Edinburgh | Glasgow
Follow our socials for speakers and details

SPONSORED BY
Prime Property Auctions — earn £1,500 just for sending a WhatsApp. If you know someone selling a property, John and Lewis will pay you £1,500 or 1% of the sale price (whichever is higher) just for passing on their details. They've paid out over £350,000 in referral fees so far.👉 https://primepropertyauctions.co.uk/

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Most investors look at a floor plan and see a two-bed. Ross McIlvean looks at the same floor plan and sees £15,000–£20,000 of hidden value nobody else spotted. 🏗️

In this episode of the Scottish Property Podcast, Nick and Steven sit down with Ross McIlvean of LTJ Architecture — property investor, architect, and one of the most practically useful guests to appear on the show. Ross covers everything from his nana's buy to let that got him started, to his first flip in Woodbank, building a six-property portfolio entirely in one street in Dunfermline, the illegal attic conversion he bought at £115k and got valued at £180k, and a brand new static caravan STL down at Pease Bay.

This one is packed with genuinely actionable advice on 2-bed to 3-bed conversions, planning vs building warrants, how to price refurbs, and why Ross never buys anything that doesn't start with Weatherburn.

TIMESTAMPS
00:00 Intro: Ross McIlvean joins the podcast
00:34 Ross’s background and route into architecture
01:22 Why buildings and local architecture matter
04:35 Architecture that adds commercial value
05:11 Ross’s first step into property investing
06:17 Property education and learning the basics
07:49 Ross’s first flip in Cowdenbeath
10:26 Why flipping is harder in today’s market
11:45 Using architecture to unlock hidden value
13:13 Pricing refurbs and understanding project costs
17:48 How architects price their work
19:57 Building a portfolio after the first flip
21:12 Turning two-bed properties into three-beds
23:52 Removing chimneys and changing layouts
26:34 Minimum bedroom sizes and practical layouts
28:51 Solving an unofficial attic conversion problem
31:13 Undoing bad work to make a property compliant
33:44 Rental growth in Dunfermline
35:39 Ross’s static caravan investment
38:37 Moving from employment to self-employment
42:13 Working with Jay Alexander and the Flour Mill project
45:36 Starting LTJ Architecture during Covid
48:34 Planning delays and the council process
49:50 Planning permission vs building warrant
52:01 Retrospective building warrants and why they’re risky
54:21 Building control inspections and completion certificates
55:12 Ross’s role through the design and approval process
56:20 AI, architecture and design visuals
59:57 What’s next for Ross and his portfolio
1:04:56 How to connect with Ross
1:05:47 Final thoughts

CONNECT WITH ROSS
Instagram: @ltj.architecture
Facebook: https://www.facebook.com/ltjarchitecture/

NETWORKING EVENTS
First Wednesday of every month
📍 Aberdeen | Dundee | Edinburgh | Glasgow
Follow our socials for speakers and details

SPONSORED BY
Prime Property Auctions — earn £1,500 just for sending a WhatsApp. If you know someone selling a property, John and Lewis will pay you £1,500 or 1% of the sale price (whichever is higher) just for passing on their details. They've paid out over £350,000 in referral fees so far.
👉 https://primepropertyauctions.co.uk/

🔔 Subscribe so you never miss an episode
👍 Like if you found this valuable
💬 Would you buy everything in one street like Ross? Drop it in the comments 👇

He's your accountant by day and a 54-unit landlord by night. And he charges less than you'd spend on a Friday night out. 🏠

In this episode of the Scottish Property Podcast, Nick and Steven sit down with Matt Herbert — qualified property accountant and 54-unit investor across Aberdeen and Edinburgh. Matt covers everything from his dad being made redundant and discovering property by accident, to doing refurbs after work in his finance job, building a 54-unit portfolio, and why he'd rather help investors structure their businesses properly than charge a fortune for it.

If you've ever wondered what a property accountant actually does for your portfolio — this is the episode to watch.

TIMESTAMPS
00:00 – Welcome to Matt Herbert — accountant and 54-unit investor
00:14 – Qualified property accountant at the Glasgow networking events
00:28 – 54-unit buy to let portfolio across Aberdeen and Edinburgh
00:52 – Why Aberdeen is controversial — and Matt's take on it
01:30 – Growing up: dad moved from Wales to Aberdeen for oil and gas
02:06 – Dad made redundant and retrained as a teacher — the lesson it taught Matt
05:54 – Dad's first property: rented to his girlfriend
06:54 – Oil and gas crash 2015 — everyone made redundant
10:40 – First investment property — and the finance stories
12:41 – The First Home Fund: government equity stake explained
14:03 – Planning to buy a bigger home — and how it changed
15:30 – First refurb: doing it himself after work in Edinburgh
16:59 – What clients actually want: financial freedom and passive income
21:45 – Ex-council and social housing stock — what to know
24:27 – Aberdeen market deep dive — buying flats under £40k
24:43 – Partnering with Aiden — sourcing and project management
26:39 – Finding deals at offers over £45k and getting them down
27:57 – Target ROI: 20–25% on all capital invested
28:42 – Aberdeen pitfalls: what to watch out for
28:52 – Structural issues in Aberdeen stock — the same problems everywhere
37:43 – The condemned street nobody saw coming
40:34 – Porous concrete explained — and why it's a serious problem
42:38 – Net cash flow reality: why Aberdeen yields aren't always what they seem
48:41 – Edinburgh: inflated rents and the Alex Walker connection
55:33 – Shareholder structure: getting the limited company right from day one
57:40 – Year end tax planning: what to do when the bill hits £50k
1:00:15 – Mortgage strategy: 75% LTV, five-year fixes
1:00:33 – Set and forget — why Matt loves boring, stable assets

CONNECT WITH MATT
https://www.linkedin.com/in/matthew-herbert-fcca-76558a8a/
https://www.facebook.com/matthew.herbert.980
https://ljyaccountants.co.uk/

NETWORKING EVENTS
First Wednesday of every month
📍 Aberdeen | Dundee | Edinburgh | Glasgow
Follow our socials for speakers and details

SPONSORED BY
Prime Property Auctions — earn £1,500 just for sending a WhatsApp. If you know someone selling a property, John and Lewis will pay you £1,500 or 1% of the sale price (whichever is higher) just for passing on their details. They've paid out over £350,000 in referral fees so far.
👉 https://primepropertyauctions.co.uk/

🔔 Subscribe so you never miss an episode
👍 Like if you found this valuable
💬 Would you do your own refurb to save money? Drop it in the comments 👇

He built a short term let business to 70 units and 20 staff — then walked away at 29 to start from scratch. The very next day he went to view a hotel. 🏨

In this episode of the Scottish Property Podcast, Nick and Steven sit down with Laurence Malyon — founder of Moment aparthotel brand — for one of the most wide-ranging conversations they've had on the show. Laurence covers everything from running concerts for the neighbours at age 5 and rebranding his family's fire suppression business at 15, to building Donnini Apartments with his uni flatmate Jake, exiting after seven years, and launching a hospitality brand that just did a £2.325 million deal on Edinburgh's George IV Bridge.

This one is packed with lessons on business partnerships, aparthotel strategy, STL licensing, commercial funding, and why Glasgow and Edinburgh are completely different beasts.

TIMESTAMPS
00:00 – Welcome back to Laurence & what he's been building since
01:08 – Exiting Donnini & launching Moment hotel brand the very next day
01:58 – Growing up in a rundown farmhouse near Beattock
02:59 – The family fire suppression business
03:36 – Rebranding the family business at 15
05:15 – Why London and Dubai are the real competition
07:41 – Running concerts for the neighbours at age 5
09:01 – Selling fruit and veg to teachers for profit
10:39 – First flip at uni with Jake
13:47 – Discovering Airbnb as it was becoming a thing
14:10 – Touchstone / Progressive property training
16:59 – The rent to rent model that started it all
17:26 – STL legislation: why serviced accommodation is so much harder now
19:40 – Planning consent: licences, planning, or both
28:45 – The plan to go beyond Edinburgh and Glasgow
33:25 – Becky, the business conversation that changed everything
34:22 – The Moment trademark — what it means and why he owns it
35:00 – 12 George IV Bridge Edinburgh — the flagship deal
38:07 – £2.325 million on practical completion
39:39 – RBS as main lender — the journey to get there
40:22 – Oak North bank and how they got funding over the line
47:28 – First hire CJ — building the team
50:00 – Remote team in the Philippines
52:41 – 18% management fee — how it's structured
59:01 – Sonder went bust: lessons from the big operators
1:01:18 – Stay Cool: what the brand offers and why it's different
1:03:40 – Expansion plans: Lisbon, Paris and beyond

CONNECT WITH LAURENCE
Moment Aparthotels: momentstays.com
@moment.stays on Instagram

NETWORKING EVENTS
First Wednesday of every month
📍 Aberdeen | Dundee | Edinburgh | Glasgow
Follow our socials for speakers and details

SPONSORED BY
Prime Property Auctions — earn £1,500 just for sending a WhatsApp. If you know someone selling a property, John and Lewis will pay you £1,500 or 1% of the sale price (whichever is higher) just for passing on their details. They've paid out over £350,000 in referral fees so far.
👉 https://primepropertyauctions.co.uk/

🔔 Subscribe so you never miss an episode
👍 Like if you found this valuable
💬 Would you have walked away from 70 units to start again? Drop it in the comments 👇

Pension funds are quietly buying up rental homes across Scotland. If buy-to-let was dying, nobody told them. 🏴󠁧󠁢󠁳󠁣󠁴󠁿

Nick and Steven are back with the June market update — running on two hours sleep after Scotland vs Brazil — covering the Prime Minister change, house prices, the rental market, the LHA rate freeze that's about to hit 45,000 households, and a £10.8 million build to rent deal in Edinburgh backed by your pension fund. Yes, yours.

TIMESTAMPS
00:00 – Intro: Scotland vs Brazil, two hours sleep, six episodes to record
01:25 – What's coming up: PM change, house prices, rents, LHA & build to rent
01:50 – House prices & rental market overview
01:58 – Local housing allowance — why it matters to landlords
02:36 – Build to rent & pension funds flooding into Scottish property
03:27 – Keir Starmer resigns — what happened
04:18 – Andy Burnham likely next PM — and his history with rent freezes
04:28 – Rent controls in England: why Scotland is one step ahead
05:21 – Capital gains tax: what a new Labour leader could mean for landlords
14:20 – Fred Harrison's 18-year cycle — five months left for the 2026 crash prediction
15:36 – SpaceX IPO: Elon Musk becomes a trillionaire
20:01 – First Home Fund launched this week — will it empty in days again?
21:56 – Land Registry data: Scotland up 2.2%
23:57 – Bitcoin at $59k — down 50% from its peak
31:15 – LHA rate freeze: 87 of 90 regions can't cover the bottom 30% of rents
34:30 – Scotland's discretionary housing payment — sticking plaster or real solution?
35:52 – 45,000 households and 31,000 children affected
35:57 – Scotland puts in £8.7m in support
36:43 – Avant Homes sells 41 Edinburgh homes to Thriving Investments for £10.8m
37:52 – £263k per home — and who's actually funding it
38:19 – Is mid-market rent exempt from rent controls? The question nobody can answer

NETWORKING EVENTS
First Wednesday of every month
📍 Aberdeen | Dundee | Edinburgh | Glasgow
Follow our socials for speakers and details

SPONSORED BY
Prime Property Auctions — earn £1,500 just for sending a WhatsApp. If you know someone selling a property, John and Lewis will pay you £1,500 or 1% of the sale price (whichever is higher) just for passing on their details. They've paid out over £350,000 in referral fees so far.
👉 https://primepropertyauctions.co.uk/

🔔 Subscribe so you never miss a market update
👍 Like if you found this valuable
💬 Do you think pension funds investing in rental property proves buy-to-let still works? Drop it in the comments 👇