2020
Development Deal LAND DENSITY UK
Maximizing Land Potentials, Profit & Income
Peter Morakinyo (BSc Hons) Land Density UK Management 14/09/2020
Maximizing Land Potentials, Profit & Income
Streatham Road, Mitcham, CR4
Proposed Front Elevation
Exiting Property
Maximizing Land Potentials, Profit & Income
Description:
The subject property comprises a detached single-storey building of rendered elevations under a dual pitched roof, formerly trading as a tuition centre (D1 use). The accommodation is arranged as entrance hall, office, 3 teaching rooms, storeroom and 2 single WCs. The total area is 92.23 SQM.
Mitcham Eastfields Train station is ½ a mile to the south-east and provides Southern services between Epsom and London Victoria and Thameslink services between Sutton and St Albans City. The 127 and 201 bus routes pass the property. The property is located to the south side of Streatham Road (A216), opposite Figges Marsh.
Location:
Mitcham is located in Merton borough borders the towns Morden, Colliers Wood, Tooting, Streatham and Croydon.
The nearest train station is Mitcham Eastfields Train station which is ½ a mile to the property and provides Southern services between Epsom and London Victoria and Thameslink services between Sutton and St Albans City.
The property is located to the south side of Streatham Road (A216), opposite Figges Marsh a popular residential road and on the 127 and 201 bus routes.
Development Potentials:
The property is a D1 use class previous use as a doctor surgery and recently used as an educational tutor for school pilpul.
The proposed development will comprise of 1 studio flats and 2 x 2 bedrooms flats on the existing building.
This proposed development will Significantly maximize the air space of the existing property and repurpose the existing use of the property with more density proposed.
Maximizing Land Potentials, Profit & Income
Proposed Rear Elevation
Proposed Rear Elevation
Maximizing Land Potentials, Profit & Income
Proposed Street View
Proposed Loft At The Rear
Maximizing Land Potentials, Profit & Income
Proposed 1st 2 Bedroom Flat (Ground Floor)
PROJECT SUMMERY VALUE Purchased Price £470,000 Projected Development Unit 3 Construction Duration 6-7 months Construction Cost £210,000 Project Duration 8-10 months Finance £188,000 Stamp Duty £13,000 CIL £18,000 Professional fees/Other Costs £15,000 Total Projected Cost £234,000 Projected Value of 2 Bed Flat £450,000 Projected Value of Studio Flat £200,000 Projected GDV (Gross Development Value) £1,100,000 Exit Strategy Refinance Investor ROI 20% - 30% Per Year Investor Security Second Charge.
Maximizing Land Potentials, Profit & Income
The Location
London Transportation Accessibility 4 of 6
Maximizing Land Potentials, Profit & Income
The Location
Maximizing Land Potentials, Profit & Income
Property Sale Comparison
Maximizing Land Potentials, Profit & Income
To register your interest and for more information on this amazing deal please kindly contact Land Density UK.
Email: [email protected]
Tel: 02039942241
Mobile: 07834231569
Or
Property Pillars
Email: [email protected]
Mobile: 07889716462
Maximizing Land Potentials, Profit & Income
Developer Bio:
Peter Morakinyo - (Director) Land Density UK Ltd
An experienced property investor and civil engineer with lots of hands-on expertise and experience.
I founded Land Density UK Ltd with the aim of maximizing property potentials by putting the right Density on lands or buildings by diligently getting the proper planning gain on any development scheme and built.
The company works harder for planning gain and due diligence in all developments based on our unique approach to development which is Fall Back & Future Proofing.
I obtained a Bachelor's Degree in Civil Engineering from the University of Derby UK, Prince2 Certification (Project Management), among other professional certifications.
I have gained experience in accomplishing major construction projects and planning approvals.
I am looking forward to working with more like-minded Investors, Developers, Professionals and People with the aim of development joint ventures and in addition, establishing excellent and successful working relationships.
Peter Morakinyo BSc Civil Engineering (Hons) Property Developer
Maximizing Land Potentials, Profit & Income
Project Summery
The subject property comprises a detached single-storey building of rendered elevations under a dual pitched roof, formerly trading as a tuition centre (D1 use).
Mitcham Eastfields Train station is ½ a mile to the south-east and provides Southern services between Epsom and London Victoria and Thameslink services between Sutton and St Albans City. The 127 and 201 bus routes pass the property. The property is located to the south side of Streatham Road (A216), opposite Figges Marsh
The proposed development opportunity is to create of 3 self-contained 2 bedroom flats and 1 studio self-contained flat. will significantly increase the overall value of the property and repurpose the property.
Gross Development Value (GDV) Projected is £1,100,000-£1,200,000 on this development and of project duration of 8-10 months.
This fantastic project attracts 20%-30% return on investment (ROI) for one year, and investors have security for their money in the form of a second charge.
Your investment in this project is secure against the property.
Maximizing Land Potentials, Profit & Income