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Saturday, January 24, 2015

Residential development opportunity - Surrey

Property development has already represented huge opportunities for landlords.  The combination of development profits used to then seed a residential investment is the perfect scenario for a win win residential investment.

Leave your development profits in your investment as your equity and a landlord could secure themselves a fabulously income producing investment with no equity.  Mathematicians could talk about infinite returns on your investment where zero capital produces large and increasing rental and potential capital returns.  Now I'm not saying that the property below rates in this category.  As always buyer beware & landlords need to do their due diligence.

Tanner House & Tyrell House, Challenge Court, Barnett Wood Lane, LEATHERHEAD, KT22 7LW

For sale with vacant possession

Freehold property comprising two self-contained office buildings of approx 2,819 sq m (30,340 sq ft) GIA Residential consent granted through permitted development rights for the conversion of both buildings from B1(a) office space to C3 residential Further consent granted for alterations to the external elevations including addition of dormer & velux windows at roof level.

Proposed scheme comprises 45 residential units with a total net saleable area of 2,322 sq m (24,994 sq ft) with the benefit of 67 associated car parking spaces Offers invited in excess of £4,250,000 subject to contract.

The property is to be offered by Auction on Wednesday, 25 March 2015 unless sold prior.

Advanced investment strategies

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