Conversion of large, historic residence and coach house into five luxury apartments and one semi-detached house, plus sale of a section of the garden as an additional plot (with existing planning consent)

GDV: £4,501,000

Status: Pre-commencement work underway as of January 2019.

Investor return:

Phase 1: 10-10.5%

General update:

-Detailed review of plans and re design to improve the scheme has been completed and the revised plans have been submitted to the local authority by way of substitution.

-Soft strip of the original building has been completed

-CGI work (computer generated images for marketing) due to be completed imminently.

-Detailed costs have been agreed with our building contractor (IQ Projects) and the contract will be signed next week

-IQ Projects are scheduled to take possession of the site Monday 4th February.