We’ve had an offer accepted conditional on planning permission (we don’t take significant planning risk) and the conveyancing process is underway.
It’s a town centre mixed use retail/residential property which we plan to covert into 9 beautiful studio apartments for professionals seeking that extra level of privacy, which an HMO cannot offer. This is in tune with local demand.
Our professional and build teams will get busy with the legal, financial and refurbishment aspects and our Private Investors will provide the all important capital to unlock the deal.
Planning will take some time but we’ll keep you updated via our blog.