Case Study – Property Development
Client wanted to expand house as had a growing family but equally wanted a strong return on invested capital – aiming to achieve the best of both worlds.
Issue we solved
“Very challenging in any business to make an investment that solves both a personal and business issue.”
Our Approch
Through detailed design and quality build we outlined a project plan that allowed us to maximise the space within the property and deliver a high standard that met the clients needs. We outlined the following in advance:
- Project Plan
- Delivery Strategy
- Project Manager and Team responsible for delivery of the project
- Outline Client Update & Feedback Process
- Outline Quality Assurance Checks Process
- R&CO’s Expectations & Clients Expectations
- Agreed Start and End Date
Investment
£55,000 development budget to increase property size
Rear extension into the Garden
Side garage conversion
The Numbers
Original Value – £350,000
Added Value – below:
- Extra 2 bedrooms – 10% or £35,000 each, totalling £70,000
- Extra bathroom – £12,000
- Bigger Kitchen – £13,000
Value after Development – £445,000
Capital Growth – 27.14%
£95,000
Instant 27.14% increase in capital appreciation.
We’d Love to Help You With Your Next Property
Client Testimonial
I could never have thought of a smarter and easier way to make a profit whilst increasing the size of our house. It was simply one of the best experiences I have had. All thanks to the team at R&CO Property who outlined the entire plan from the beginning, the only thing better than their planning skills was their execution and delivery.
We’d Love to Help You With Your Next Property
Contact
+44 (0) 20 3582 0556
58 Acacia Road
London
NW8 6AG
info@rcoproperty.com