Lewin Road Flat Conversions

The property was purchased with a planning gain opportunity. We obtained Planning permission for 5 flats. The opportunity is to re-develop the property throughout and split the titles for each individual flat to sell to generate a profit. The options for this asset is to buy and hold as well as buy and sell.

The property

A development of a large 7-bedroom semi-detached house with the opportunity to turn it into 5 flats. A modernization project over a total floor area of 3463 square feet that after some alterations will feature a 3-bed residential flat on the ground floor, 2 studio residential flats on the first floor and an additional 2-bed residential flat in the loft.

Quality finished flat conversions are highly sought after in South East London.

An incredible conversion opportunity of a period property in one of South East London’s hot spots.

The
Location

Located in Lewin Road, Greater London, this property offers a great opportunity to live in a quiet urban area with excellent transport links. Located nearby, are Streatham, Streatham Common, and Norbury.

INVESTMENT
DETAILS

Purchase Price £1,200,000.00
Refurbishment Cost £415,230.00
Gross Development Value (GDV) £2,150,000.00
Potential Profit £198,202.00
Return on Cash Employed Annually (ROCE) 21%

"I am very impressed how the Seed team have helped overcome all of the challenges we've encountered by overseeing the project.”

DON’T JUST TAKE
OUR WORD FOR IT...

Our client joined Seed in December 2016 and was looking forward to getting stuck into his first property development project of this magnitude.

“Since joining Seed, and getting a real first hand look at how property development works, I am so pleased to have Seed by my side who have helped me to grow my property business. I was impressed by Seed’s concept of building wealth and keeping in touch with my spiritual values and happiness.”

– Client

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