Colville Terrace

A neglected one-bedroom flat was reconfigured into a high-spec two-bedroom home, creating strong value through intelligent design and layout.
Purchase Price
£920,000
Build Costs
£180,000
Professional Fees
£20,000
Stamp Duty
£82,000
Legal Fees
£10,000
Bridging Finance
£92,820
Total Project Cost
£1,304,820
GDV
£1,600,000
Gross Profit
£295,180
Return on Cost
22.6%
ROI on Equity
86%
Loan to GDV
54%

Project Overview

We acquired a dilapidated, uninhabited one-bedroom apartment in one of London’s most desirable boroughs and, through full reconfiguration, transformed it into a two-bedroom, two-bathroom residence with open-plan living, a principal suite, a guest suite, an additional WC, and a private garden across approximately 1,016 sq ft. Value was created through intelligent spatial planning and high-quality specification, not market timing. The project reflects our ability to identify untapped potential in prime London assets and execute refurbishments that drive a meaningful premium to total cost. Since completion, Colville Terrace has also been operated successfully as a short-let at approximately £11,000 per month, highlighting both the strength of the finished product and its ongoing income potential.

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