New Build Properties in Wimbledon

Demolition of a 5 bedroom detached house to make way for two luxury semi-detached homes over three storeys and a basement, adding an additional 400 sqm to the internal space.

Details:

Semi-Detached Properties
0
GDV
£ 0
Gross margin
0 %

From 2010- 2014, 3 different firms advised our client for an erection of a two-storey side and front extension as this was their only viable option for their property in Wimbledon. Once appointed, however, we brought an entirely different vision of the project to our clients attention, pushing forward the potential of the plot and exercising the use of the  side garden, an additional 3.5m width. 


YKG were appointed throughout the planning and construction phases and proposed the full demolition of the existing two-storey 210 sqm dwelling, in order to design two new semi-detached properties, a total of 610 sqm, over three storeys and a basement. This would, in turn, triple the value of the property and provide an incredible return on investment for our client.

Permitted Development

Total Units

Unit Sale £psf

GDV

Gross Costs

Gross Profit

Gross Margin

Duration

Actual

2

£838

£5,500,000

£2,100,000

£3,400,000

61.81%

26 months

©2021 YKG Asset Management

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