PHASE 1
- Auction purchase of dilapidated property
- Back-to-brick rehabilitation
- Furnish and tenant property
PHASE 2
- Re-develop to 9-bed HMO
RESULT
- PHASE 1 ROCE: 9.86%†
- PHASE 2 ROCE: 71.20%
†This figure was negatively impacted upon by massive hikes in materials and labour costs plus property down valuations in 2022
BEFORE...
AFTER!
other recent projects
north london
Auction purchase and full renovation of traditional end-of terrace property with a view to further development at a later stage.
east london
Sympathetic renovation and re-tenanting of handsome London townhouse.