THE OLD STABLES

Eastbourne

March 2015 – August 2015

 

 

 

Conversion of an old stable building from the early 1900s that had recently been used as a small town centre gym.


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: £350,000
Development costs: £220,000
Development time: 6 months
Sales forecast: £820,000


Profit: £250,000 = 43% = 7.1% Per Month