Victorian House Conversion - First Floor Goldhurst Terrace

• Purchase Price £1.9 million 
• Development costs £200K
• Build Time 12 months 
• GDV £2.9 Million
• Profit Price £800K

A once in a decade opportunity. These period properties with wonderful history tend to move very slowly, particularly in Hampstead. 

We faced a lot of competition with the likes of celebrities and wealthy foreign investors. On this occasion we were able to find the opportunity through planning gain and a CLUD application, meaning we made the deal work. 

We took a large 4 story property and converted it into 4 luxury flats, including underfloor heating, floor to ceiling doors, a rear extension, and a 1stfloor balcony. In doing so, we created almost 3500 SQF of liveable space.