Michael Mower built his property career by taking on the projects other people avoided—from tired Glasgow flats to fire-damaged auction purchases. After years of running a stressful renovation business, he and his wife Liana decided to start building assets for themselves. That change led to successful property flips, buy-to-lets and serviced accommodation. Michael shares the numbers behind a Glasgow flat bought for £39,000 and sold for approximately £85,000, as well as a Newtown Mearns home bought for £350,000 and sold for £650,000. Now, Michael is converting a long-empty B-listed building on Callander Main Street into serviced accommodation, commercial space and offices. He talks Nick and Steven through the £100,000 purchase, estimated £250,000 refurbishment and targeted £630,000 end value. He also speaks openly about alcohol addiction, rehab and recovery. EPISODE HIGHLIGHTS • From plumbing apprentice to running a renovation company • Why Michael and Liana stopped renovating for clients and began investing for themselves • His first Glasgow flip: bought for £39,000 and sold for approximately £85,000 • Why their one-bedroom flips typically produced profits of around £35,000–£40,000 • The Newtown Mearns home bought for £350,000 and sold for £650,000 • Moving from flips into buy-to-let, auctions and serviced accommodation • Michael’s honest experience of alcohol addiction, rehab and recovery • Why his serviced accommodation can also work as long-term rental property • Callander units listed at approximately £270 and £210 per night • Transforming a B-listed building that had been empty for approximately 25–30 years • The planned serviced accommodation, commercial and office spaces • The £100,000 purchase, £250,000 refurbishment and targeted £630,000 end value • How extensive dry rot affected the work and bridging-finance plans CHAPTERS 00:00 - Meet Michael Mower 00:56 - Michael’s background and early life 04:58 - From plumbing apprentice to building contractor 09:23 - Leaving client renovations behind 11:40 - Flipping property in Glasgow’s south side 17:08 - The figures behind Michael’s flips 18:28 - Moving from flipping to holding property 20:11 - Launching a salon and renovating in Newtown Mearns 23:16 - Buying property at auction 25:46 - Alcohol addiction and the road to recovery 34:35 - Michael’s property portfolio today 35:25 - Moving into serviced accommodation 37:28 - Nightly rates for the Callander units 39:45 - The Callander aparthotel development 42:50 - The planned layout of the building 44:35 - Purchase price and due diligence 46:23 - Refurbishment costs and unexpected dry rot 48:23 - Funding the development 49:46 - The targeted £630,000 end value 50:58 - Local reaction and the planned opening 53:24 - What comes after the development 54:20 - Where to follow Michael CONNECT WITH MICHAEL Michael Mower — Built by Mike YouTube: https://www.youtube.com/ @Built_By_Milke NETWORKING EVENTS First Wednesday of every month 📍 Aberdeen | Dundee | Edinburgh | Glasgow Follow our socials for speakers and details SPONSORED BY Prime Property Auctions — know someone selling a property? You could earn £1,500 just for making an introduction. John and Luis handle everything from the first call to the sale. Over £350,000 in referral fees paid out so far. 👉 https://primepropertyauctions.co.uk/ 🔔 Subscribe so you never miss an episode 👍 Like the video if you found it valuable 💬 Would you take on a derelict B-listed building, or stick to smaller property projects? Let us know in the comments 👇