Last week, we took a look back at some of our favourite What I Own and What I Rent columns over the years – from houseboats to teeny tiny apartments, we’ve certainly covered extensive ground.
This week, we’re by the seaside, in nearby Brighton in East Sussex, chatting to 36-year-old Biro Florin who bought his £1 million townhouse outright in 2023.
Here’s what he had to say about his property journey…
I’m Biro, and I’m 36 years old. I’m an entrepreneur, investor and podcast host of Misfit Founders, which shares the stories of small, start up business owners.
I’m originally from Romania, and previously Iived in London, before settling in Brighton.
I live in Brighton, in the Preston Park neighbourhood, a beautiful and quiet residential area about a 20 minute walk from the centre of town.
Having previously lived in the centre of Brighton and before that London, it’s a welcome peaceful change. It might be my age!
April 2023.
£1,000,000.
We didn’t have a deposit, we paid cash in full.
About £1,500 in bills, with no mortgage.
We paid in full because a few months before, my partner and I sold our B2B tech business.
The fact that we had no mortgage process and no chain was the reason we were able to get this house as there were six other interested buyers.
I was renting with my partner and our Jack Russell in a three-bedroom terraced in Brighton city centre.
We’ve always dreamed of buying our own home, ever since we started our business, and this became possible once we sold it.
In our rented place we couldn’t do much due to our contract, but in our own home we got a second puppy, and we were able to decorate and paint how we needed without restrictions.
We had a property search agent who put together several viewings in one day for us.
We were split between this and another £1,000,000 property, but we chose this one because of the location closer to the city and the furnishings – this property was updated in 2018 by the previous owners who were interior decorators by trade, so the house looks stylish with high-end finishes.
We work from home and don’t have any kids. Our vision for the property was to have the first floor three bedrooms be functional rooms, so we have an office, podcast studio and a cinema room on the first floor with the bedroom occupying the second floor.
I started the podcast to help diverse entrepreneurs from different backgrounds get into the business world and not feel so alone. Growing up in Romania, I’m not from a privileged background myself, so I want to help others who are coming into the business world change their lives, and see that the success that I have is possible.
The house is big, so we have a lot of space where we can be during the day to work, including a bright and extended kitchen.
The prior owners had a stylish touch on the property so we made sure to fit in furniture and appliances that fit the look and feel of the property.
My favourite room is my podcast studio and office which is built in the biggest bedroom of the house, a 4mx4m space.
This is where I spend most of my working day and the room setup gives me inspiration and helps with my focus and creativity. I’m obsessed with quality cameras and filming equipment, so the cameras are ones really high end, the same as those that Netflix would use for filming.
Yes, we wanted a big four-bedroom Victorian house where we could spend our time and have loads of space for both working as well as socialising.
No, not for the next 10 years at least.
No, thanks to the property being fully modernised and extended in 2018, it was handed over in pristine condition.
For us a property search agent with a lot of connections was of massive help, not just because they helped us find the perfect property but because they connected us with trustworthy suppliers, solicitors, assessors and so on.
Being first-time buyers, it helped to have someone who understands the landscape and could guide us the right way.
We’re both in our mid-30s, so we’ll be here until at least our late 40s and we may decide at that point to move to a bigger countryside property or go abroad.
Currently, as working professionals, we’re very happy with the property and location but as we grow old I’m sure our wants will change.
How to get involved in What I Rent or What I Own
What I Rent and What I Own are Metro.co.uk’s weekly series that take you inside the places people are buying renting, to give us all a better sense of what’s normal and how much we should be paying.
If you fancy taking part, please email [email protected]. You’ll need to take pictures of your kitchen, living room, bathroom, and bedroom, plus a few photos of you in your bedroom or living area.
Make sure you get permission from your housemates! You’ll also need to be okay with sharing how much you’re paying, as that’s pretty important.
We’re not just after the prettiest places out there, by the way. We want the reality of renting and homeownership, so if you’re currently renting a place you hate or have bought a fixer-upper that isn’t quite finished, we’d love to see that too.
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