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Case Studies
Take a look at the type of commercial to residential development project we typically take on, for yourselves and our clients.
Sherwood House,Newbury, Berkshire
THE PROJECT
Conversion of an office building for residential use, creating 27 micro-studios.
THE DETAILS
We purchased this site and funded the development using a land and development loan, along with a top-up from private lenders through my company Redbrick Wealth.
Upon completion, the site was valued at £3.9 million, representing a £1 million profit. But importantly, the strategy here was to create a build-to-rent site for income generation. At the time of writing, the site delivers a total annual gross income of £267,000, which enables us to provide a healthy annual return for our lender.
Southern Court,
Reading, Berkshire
THE PROJECT
Commercial to residential conversion, creating 32 micro-studios across two sites (9 and 10 Southern Court).
THE DETAILS
We purchased this site and funded the development using a land and development loan, along with a top-up from private lenders through my company Redbrick Wealth.
Upon completion, the site was valued at £3.9 million, representing a £1 million profit. But importantly, the strategy here was to create a build-to-rent site for income generation. At the time of writing, the site delivers a total annual gross income of £267,000, which enables us to provide a healthy annual return for our lender.
Experience the difference of partnering with us for your next property development project management needs. We bring together the expertise, professionalism, and dedication needed to turn your vision into a thriving reality.
Contact us today to discover how we can help you navigate the complexities of property development and achieve remarkable results.