PROPERTY RENOVATION & MANAGEMENT SERVICES

Our mission is to provide seamless, reliable, and profitable property management solutions tailored to meet the unique needs of each investor. We aim to enhance property value, ensure optimal tenant satisfaction, and deliver robust returns on investment.

WHAT WE OFFER

Comprehensive Property Renovation

Consultation and Planning: Initial consultations to understand investor goals and property potential.
Design and Architecture: Custom design solutions tailored to market demands and investor preferences.
Permits and Approvals: Handling all necessary permits and regulatory approvals.
Construction and Remodeling: Full-scale renovations including structural changes, interior updates, and exterior improvements.
Interior Design: Professional interior design services to create attractive and functional living spaces.

Project Management

End-to-End Project Oversight: Complete management of renovation projects from inception to completion.
Budget Management: Detailed budget planning and monitoring to ensure projects stay within financial constraints.
Timeline Coordination: Scheduling and coordination to ensure timely project delivery.
Quality Assurance: Regular inspections and quality checks to maintain high standards.

Investor Support Services

Market Analysis: Providing insights into local rental and holiday let markets to inform renovation decisions.
Return on Investment (ROI) Analysis: Calculating potential returns based on renovation scope and market conditions.
Property Sourcing and Acquisition: Assisting investors in finding and acquiring suitable properties.

Post-Renovation Services

Marketing and Leasing: Professional photography, listings, and marketing strategies to attract tenants or holiday guests.
Full set up of furniture and accessories ready for guests.
Handover to property management companies.
Handover over to estate agent for valuations and marketing of the property sale.

Case Study:

Property Development and Renovation

Project Overview

Initial Investment: £45,000 including fees
Renovation Costs: £27,000 including fees
Final Sale Price: £145,000
Location: Hexham Northumberland

Objectives

The primary objective was to transform a neglected property into a modern, desirable home, suitable for sale at a significantly increased market value.

The investor aimed to maximize the return on investment (ROI) through strategic renovation and effective project management.

Property Details

Type: 1 Bedroom ground floor flat changing to a 2 bedroom
Condition: Dilapidated state, requiring comprehensive renovation
Initial Purchase Price: £45,000

Renovation Plan

1. Initial Assessment and Planning

Conducted a thorough inspection to identify critical areas needing repair and upgrade.
Developed a renovation plan focusing on structural integrity, modern amenities, and aesthetic appeal.
Estimated renovation costs and timeline.

2. Design and Approval

We designed the layout to create an open plan living area and added an additional bedroom, while also designing the interiors to create a modern and functional design.
Secured necessary approvals and building control from local authorities.

3. Renovation Process

Structural Repairs: Addressed foundational issues, plumbing and electrical system upgrades.
Interior Upgrades: Installed new flooring, modern kitchen and bathroom, energy-efficient windows, and doors.
Exterior Enhancements: Improved curb appeal with landscaping, new doors, windows, lighting and new fencing.
Finishing Touches: Added modern fixtures, fittings, and fresh paint throughout the property.

4. Quality Assurance

Conducted regular inspections to ensure high standards of workmanship.
Managed budget and timeline closely to avoid overruns.

Comparison with Neighboring Property

At the time of sale, the neighboring property was also undergoing renovation and launched on the market simultaneously. Despite being identical in size,

the neighboring developer did not make any changes to the layout and used very basic interior finishes. This neighboring property was advertised

at £30,000 less than our property and took over 8 months to sell and finally sold for £106,000

House Price History (rightmove.co.uk)

Final Outcome

Total Renovation Costs: £27,000
Total Investment: £72,000 (initial investment + renovation costs)
Final Sale Price: £145,000
Gross Profit: £73,000

Key Success Factors

Strategic Planning: Detailed initial assessment and thorough planning ensured the renovation stayed within budget and met market demands.
Design Excellence: Modern design and high-quality finishes increased the property's appeal to potential buyers.
Effective Project Management: Close monitoring of the project timeline and budget, combined with quality assurance, delivered a successful renovation.
Market Insight: Understanding the local real estate market allowed for strategic pricing, ensuring a quick sale at a high value.
Property sold with in 1 week of being on the market.
The property was sold with all furniture ready for the buyer to immediately start an AIRBNB.

Conclusion

This case study demonstrates the potential for significant ROI through careful planning, strategic renovation, and effective project management. By transforming a dilapidated

property into a desirable home, the investor achieved a 101.4% return on investment, showcasing the value of professional renovation services.

The neighboring property's longer sale time and lower price highlight that good design and quality finishes lead to a better outcome.

For all the before and after's of this properties including floor plans please click on the link below.