Our Development Portfolio
Caversham New Build
Sawyers Crescent
Sawyers Crescent Garages
Stuart Lodge, Stuart Road, High Wycombe
Project dates: August 2021 – present
Summary: Acquired the office building with a view to convert into apartments. Ownership is held by Stuart Lodge HW Ltd.
Completed May 2019
We were granted planning permission to knock down the bungalow (above pic)
and build eight new apartments from ground up. Works were completed in May
2019 and all eight apartments are being rented & managed by a reputable high
street agent.
Purchase price: £475,000 (as a bungalow)
Paid off shareholders: £750,000 (with planning)
Build costs: £950,000
Re-finance: £2.35 Million
September 2019
1 The Green, Bracknell RG12 7BG
We were awarded planning permission by Bracknell Forest council (BFC)
through the appeal process, to extend an existing 5-bedroom house (owned
since 2011) and create two separate dwelling houses; a three bedroom and a
four-bedroom house.
CGI images of the two dwelling houses once completed.
Loan on existing house: £439,000
Build works: £300,000
Fees: £10,000
GDV: £1.1 Million
