Commercial to Residential Conversion - A Tour Around - Miles Bulloch at Propertunities [Video 1]

Miles Bulloch takes you on a tour around our latest commercial to residential conversion.
Follow the link below to see the finished product!
Planning has been granted to turn this building into an 18 bed HMO (Sui Generis) from its former use as a church (D1).
Visit our website to see more of what we do or to join our waiting list to invest in projects like this:
Finished Product: • Commercial to Resident...
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www.propertunit...
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[@benchai3394]

What a fab fab fab tour. Thank you for sharing.

[@afamedozie]

Looks like a great project. How much was the building? How much was the development cost? What is the expected RoI on the project?

[@786usernames]

Thanks for sharing. Nice video. Looking forward to part2. Had one question, the living room at basement, its a habitable space, so needs natural light. How did u get light into the basement?

[@Propertunities]

Hey Light-upon-Light - thanks so much for your comment! You'll be pleased to know that all 7 parts to the refurb are available to watch now! Here's the playlist link: kzbin.info/aero/PLawKn-tVSl9gh6W7lRwzM5P8esxjcROkd The basement had quite a few hidden windows which we opened up, and once the room was finished and painted white, together with inset LED spotlights, it's a lovely light room. Have a look at the final video to see what the final product looks like.

[@sirxenon6855]

How did you work out what it could be converted to in the first place and how did you get rid of the damp?

[@Propertunities]

Hi there, thanks for watching! It's a multi step process: 1) Using publicly available data and our experience, we work out roughly what we can do with the property. Using our ball park numbers, we get build cost estimates from local building companies. If the deal works based on this (making sure to allow for plenty of contingencies) we'll firm up our numbers. 2) We'll work with a surveyor and an architect. The former will highlight any issues with the building currently such as damp or structural issues. The latter will map the building out to scale and work out exactly what we can fit in. The architect will take into account any local planning restrictions / guidelines, window locations, load bearing walls, circulation space etc and will come up with a scheme. Based on that we can properly tender the project out to building companies and if all still looks ok, we'll press on with getting the deal done! This particular project had various damp issues: 1) Water coming through the very old windows. Solution: we replaced all the windows. 2) Water coming in through the roof. Solution: we relayed the roof. 3) A bit of penetrating damp in the basement. Solution: we fully tanked the basement. We have really good ventilation throughout the whole building as well which will keep any moisture levels from showers, drying clothes and cooking to minimum. I hope that helps!

[@sirxenon6855]

Propertunities thanks for the very detailed response- it looks like a brilliant project!

[@Propertunities]

@@sirxenon6855 Thanks very much! If you're in the area and you want to have a look around - get in touch through our website. (Alternatively, there's a link to a more up to date video in the description above)

[@raushanali5733]

Where is this? Thanks for sharing this

[@Propertunities]

Hey Raushan Ali! Thanks for your comment. It's in Stoke on Trent in the UK

[@raushanali5733]

@@Propertunities thank you for your swift reply. I wish you all the best with this great project.