January 2016




2 commercial units with detailed planning to be converted to 2 x 2 bedroom terraced houses, 1 x 2 bedroom apartment and 1 x 1 bedroom apartment.

We redeveloped the block with new floors, services, windows, central heating, perimeter walls and total rewire, finished with new plaster throughout and decorated to high standard.

The final result was five modern and luxurious town centre modern apartments with off road parking.

Purchase price: £300,000
Development costs: £150,000
Development time: 6 months
Sales forecast: £615,000

Profit: £165,000 = 36.66% = 6.1% Per Month