Case studies

Villa Rosa

Purchased as a derelict Victorian villa previously used as a nursing home, with planning permission for two one-bedroom flats, six two-bedroom flats and a two-bedroom coach house. Originally on the market for £1 million, we acquired it for £900,000.

By re-arranging a poorly-planned layout and incorporating the roof-space, we were able to crate four two-bedroom apartments, two three-bedroom apartments, two three-bedroom townhouses and a three-bedroom coach house. This significantly increased the finished value.

Purchase Price	£900,000
Developing Costs	£900,000
Total Project Costs	£1,800,000
Sale Value	£2,540,000
Profit	£740,000
Project Financing:
Investment	£500,000
Bank Funding	£1300,000
50% Profits	£370,000
Return on Investment	74%