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.
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.
Total Units
Unit Sale £psf
GDV
Gross Costs
Gross Profit
Gross Margin
Duration
2
£838
£5,500,000
£2,100,000
£3,400,000
61.81%
26 months
Subscribe now to keep reading and get access to the full archive.