Sounds like you need to give this course a try.

Hi Greg, thanks very much for your question - hopefully you enjoyed the video! The key to developing commercial buildings into residential for assisted living, affordable housing, or local authority housing associations etc is to understand what those associations are willing to pay for the project. This can be either on a long lease or to purchase from you. In some instances, some associations will pay more than open market rent or open market rates, so you can actually get better deals. I suggest reaching out to local authorities or housing associations that you are looking to work with and finding out what they will pay for different types of projects. Once you have an answer from them, then you can work your numbers back from that. It is possible, but it is all down to what the housing associations or local authorities will pay. Hopefully that helps - wishing you the best of luck!

Thanks for your comment, Paul would be best placed to answer this for you, you can book a call with him at elitewealthproperty.com/ - just let him know you came via this video.

Thanks for your question. To sell or to keep and rent is purely a matter of personal opinion. There's no right or wrong answer, really it's down to what you want to do to build your property business going forward.

Block planning is the rough art of dividing up the floor plan into units. We always recommend developers do this as it enables you to maximise the amount of units or size of the units and therefore maximise your profitability. It can be a simple rough sketch but as long as it's to scale it's really helpful in allowing you to see what is possible on a site to get the most out of it. If there's anything else we can help with please do reach out to us at [email protected]

This is quite a grey area and different councils will have different opinions. It is a combination of phasing the occupancy of the units along with obtaining an LDC, but for each council this needs to be considered separately. Hopefully this helps, but this is something I will be covering in more detail on an upcoming Planning Secrets Workshop if that's of interest - here's the link: propertyceo.co.uk/offerpsw

Thanks Glenn 👍

Thanks Andy, glad you found it helpful!

Thanks for your comment. If we're talking about a PD conversion to flats then Class MA expressly forbids C4. Class G doesn't expressly say no, so once it becomes a flat then it could become C4. Needs a very robust argument as there are no appeals to back this up and planning officers will say no. It's to do whether it becomes a mixed use or not and involves court cases etc. Hope this helps.

@@propertyCEO Sorry... can I ask, what do you mean 'whether it becomes a mixed use'?

@@07baromo95 Class G provides a mixed use and not separate planning units, therefore C4 cannot apply strictly speaking. But the courts have also ruled that commercial and residential can't be mixed and as such Class G does not expressly prohibit C4. The bottom line, this stuff can be complex and site specific. To make sure you get the right answer the best route is to reach out to a planning consultant for your specific situation.

@@propertyCEO If I convert the uppers via class g to flats and the ground via ma to a flat, does the whole building not beome c3 residential and not mixed use?

@@07baromo95 you are correct , if you stick simply to residential and not HMOs, then if you convert ground and first floor to residential the whole building would then become C3

Hot chocolate? 😃

Superb.. 👍👍

Thanks Peter!