Small – YKG Asset Management

1 The Avenue

New Build Semi in Croydon

Demolition of Existing Garage & a Proposed Semi-Detached Dwelling on a Unique Site in Croydon

Details:

Unit Sale £psf

£ 0

Duration (months)

Gross margin

0 %

Our new client approached us with the ambition to maximise the value of their site. A thorough feasibility study allowed YKG’s expert planners to engage with the council through a series of pre-applications exploring what scale of development the council would permit.

Two pre-applications later, it was considered that the best option would be to create a one-off, high-spec semi-detached dwelling. Whilst this was a significant de-escalation from the original apartment complex, it will provide a considerable return on investment.

Permitted Development

Total Units

Unit Sale £psf

Avg Price of 1 Bed flat

Avg Price of 2 Bed flat

GDV

Gross Costs

Gross Profit

Gross Margin

Duration

Equity Investment

Initial

£352

£177,000

£233,000

£6,476,250

£5,150,438

£1,325,812

26%

19 months

£500,000

Actual

£528

£239,794

£252,989

£8,693,875

£5,505,030

£3,188,845

57.93%

19 months

£550,000

10 Lansdowne

Backland Development in Surrey

A Unique and Personalised New Detached Property in Worcester Park, Surrey

Details:

Residential Units

GDV

£ 0

Gross margin

0 %

YKG was appointed to assist with Planning, Technical Design & Contract Administration for this stunning new build in Worcester Park, Surrey.

A plot with significant constraints, the planning process for this project took due diligence and care, and liaising with the local authority was paramount to the project’s success.

YKG was responsible for several recommendations, including the preliminary construction of the rear dormer, notably saving our client time and thousands of pounds by considering a future retrospective application and removing the need to re-roof the property at a later stage of the development.

Permitted Development

Total Units

Unit Sale £psf

GDV

Gross Costs

Gross Profit

Gross Margin

Duration

Actual

£528

£1,600,000

£420,000

£1,640,000

73.75%

16 months

17 New Street

New Build Detached Home in Bromley

Demolition of an outdated Victorian detached property in Bromley to develop a luxury home including an extensive cinema room, gym & bar at basement level

Details:

Unit Sale £psf

£ 0

Duration (months)

Gross margin

0 %

This ecstatic home now boasts of a variety of luxurious materials. The extensive surfaces of the materials were chosen with care to highlight the character of the interior. Double height wall coverings were given utmost care to speak the language of elegance, emphasizing its texture and motion. In this manner, the large material surfaces are showcased with subdued colours.

The veined marble styled floor slabs emphasize the hallways’ grande and pomp. This hallway leads to the glazed, sleek double doors opening into the kitchen & dining room overlooking the back garden.

This project is a great reflection of YKGs work, implementing together high quality design and generating returns on investment.

Permitted Development

Total Units

Unit Sale £psf

Avg Price of 1 Bed flat

Avg Price of 2 Bed flat

GDV

Gross Costs

Gross Profit

Gross Margin

Duration

Equity Investment

Initial

£352

£177,000

£233,000

£6,476,250

£5,150,438

£1,325,812

26%

19 months

£500,000

Actual

£528

£239,794

£252,989

£8,693,875

£5,505,030

£3,188,845

57.93%

19 months

£550,000

45 Portsmouth Ave

45 Portsmouth Ave

Full refurbishment plus two storey extension transforming the existing bungalow into a contemporary two storey mansion.

Details:

Residential Unit

£ 0

Duration (months)

Gross margin

0 %

YKGroup was appointed by our client to design and construct this two storey extension and full refurbishment to this property located in South-West London.

Together with financial feasibility services and planning consultancy, the project was a major success with a significant return on investment for our client.

Permitted Development

Total Units

Unit Sale £psf

Duration

Equity Investment

Initial

£TBC

5 months

£500,000

Actual

£TBC

5 months

£550,000

145 Claremont, Merton

145 Claremont

A brand new, compact home for our family-focused client designed by Extension Architecture, with full interior design and landscape design for a truly unique result.

Details:

Unit Sale £psf

£ 0

Duration (months)

Gross margin

0 %

The finished project delivers a warm and inviting home enhancing the charm of the sprawled spaces amidst the garden. Stunning natural materials combined with contrasting colours used in Fabric upholstery and brassy lights make a simple yet bold statement throughout the home, with different ceiling and floor coverings used in the living room and bedrooms, chosen with the highest care to complement each other and make a colour palette that is bright, warm and natural. Cosy lighting has been orchestrated throughout, with minimalistic wall fixtures, statement pieces above the kitchen island and dining space, concealed alcove lighting for that much loved cosy ambience, and narrow-angled spotlighting to illuminate different spaces when needed.

With construction underway and on-site progress being made daily, we can’t wait to see the final result! Watch this space!