Examples of some of our property deals.*
Green Lanes, Palmers Green, N13
Freehold Block with development potential.
Acquired for an experienced investor for £499,950.
Planning in place for an 'office to flat' conversion on the ground floor and new built community centre in the vast car park to the rear.
Investor intention was to submit a new planning application to build offices at the back.
Expected value after development of £800,000+.
Rare penthouse flat in Little Venice in need of refubishment
This beautiful and rarely available penthouse in the heart of Little Venice was acquired for a Buy-to-let investor off-market for £280,000 in May 2014.
Prior to completion we had offers from foreign investors to purchase it for £295,000 - those offers were subsequently rejected.
The client chose to do a complete refurbishment and keep the flat and rent.
We believe that the flat is worth in excess of £375,000 and due to its location, rental yield and unique character, the value is expected to continue going up.
Refurbishment and long-term let
3 bedroom maisonette with potential for conversion into 4 bedroom flat
Purchase price agreed: £315,000 with RICS Surveyor valuation of £340,000
£365,000 full costs of purchase and conversion to 4 bed flat
Gross Development Value £420,000 after works (RICS Valuation)
South Croydon, CR2
Splitting flats under one freehold title and refurbishment
Freehold with 5 self-contained flats
Purchase price £615,000
Full costs approx. £800,000
GDV £950,000 -£1.000,000 after refurbishment and splitting titles
Purchased for £290,000 in a very bad condition
All in costs of £355,000
Sold for £403,000 just before Christmas 2016
House purchased below market value
Freehold house with development potential (described as 2 bed house but in reality its was a typical 3 bed terraced house layout)
Purchase price £210,000 (March 2016)
Refinanced at £285,000 with minimal works required!
Further potential for HMO and loft extension
Large HMO with semi-completed conversion
Freehold 9-bedroom HMO with unfinished refurbishment purchased in auction
Purchase price: £405,000
All in costs: £470,000
Income generated: £55,000pa
House extension and refurbishment
Freehold house with potential to extend significantly
Purchase price: £575,000
All in costs: £720,000
Sale price: £830,000