Conversion of a 4-storey building into a 6-bed quality shared house + 2 self-contained studios for working professionals
Refurb & Furnish
Expenses incl mortgage
Return on cash left in
This property used to be a mixed use building, meaning it has a residential element and a commercial element to it. We have to go through the planning process to change the use of the property.
The property was for sale via auction for over a year and the guide price was reduced several times due to lack of interest to purchase at the set price.
The ground floor retail will be converted into two self-contained studios and the upper floors will be converted into a house share of 6 rooms.
This property sits on a street that is undergoing a lot of regeneration and there is also a multi-million pound development 2 min down the road from it.
Works carried out:
Damp proof course
Rear dormer extension
Structural alterations and lowering ceilings
New windows and doors
New kitchen / diner
Full electrical rewire
New utilities for studios
Full interlinked fire alarm system
Full central heating system
New en-suites, bathrooms
Decoration and furniture