Very well done. Looks sublime. The vision to see and execute such work is mesmerising. When I start this I hope I can do as well in my vision and execution.
Yes. It’s all about having the vision. The place to start is to properly educate yourself as Kiren diss check out my 8 week commercial property training programme here >> www.succeedinproperty.com/workshop
I like the way you showed the whole progress, figures, plans etc in detail. It really helps in understanding the whole process. Would have been better to have interviewed the planners. One thing i am unsure about is the permitted development. Would have liked to understand this better. I.E Maybe detail how it works from start to finish on a small project like this. Also what other types of premises would be suitable to do this type of conversion. Also the sound level once you were inside the flat was very low. Apart from that the flat looks fantastic.
Excellent case study and much kudos to Kiren. Have you considered using lavalier mics for these videos as the dialogue was as struggle to follow in places... just my 2p :-)
Great video Ranjan and a brilliant deal! One question: am I right in thinking that without the little courtyard by the bedroom, this would have been a non-starter since there would've been (a) no window for that room and (b) no fire escape arrangements from there? In that sense, would this actually be quite a tricky deal to replicate?
Thank you Ranjan for a great and informative video.Well done kiren as well great deal and a good job done.Just a quick question if under PDR M you could convert upto 150sqm of space to a flat could you fit more than 2 flats to maximize the space being converted to flats. Obviously take into consideration light and access. Thanking you in advanvce
Incredible job. Well done all! Question: If a garage was at the back of the original shop, would this fall under the class M permitted development? I'd be very grateful for your answer.
There is an offer progressing on the commercial unit. The project was finished just before lock down so it has been difficult to do viewings. But should sell pretty quickly because compared to what's on the market, it stands out as being exceptional value.... The figures are still great due to the strategy, ie to convert low value commercial space to high value residential space.
well done! Some questions if don't you mind. 1. Are there any registration costs after splitting into two uses? 2. Regardless bellow 12K do you still have to pay business rates with 3 month exemption? 3. Did it take 8 months to complete? 4. Did you pay an Architect?
Looking at the plans, appears to be an access door between the dwelling and the commercial office where they split the two in the middle.. is this due to build regs and how does that work selling them on separately?
Commercial lease option video is coming soon. Do checkout part one of this video. As explained there, this was no money down >>> ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-HV8Tj-u4tS8.html
Great job, particularly liked the bathroom. Did you have to do much by way of soundproofing between the shop and flat??? I take it you had to purchase a 10 year warranty to make it mortgagable.
It could possibly have been done sooner. You do have to wait 56 days for the prior approval for PD to come through. In that time you can't do any more than stripping out. It also takes a few months to get utilities split.
Hi Ranjan Can you put me in touch with Kirens architect? I have a shop which would suit this development. My current architect is good but lacks this type of vision/experience. Also - Whats the Baker Street meet up situation during covid?
Hi Ranjan, I'm late asking this question so I apologise, due to the PD, does the property now count as two separate dwellings which you sell separately or do you have to sell the two together as a office with living space. Many thanks
Hi. Slight confusion over terminology. A dwelling is a place you live in. whats been created here is 1 dwelling (ie a flat) and 1 retail A1/A2 unit. Each may be sold individually or as one
Hi,Ranjan nice to see your video.My landlord want to sell it commercial property with 2 floor on top can you give me some tips how to get some profit on it please.He ask me buy but so expensive £650000 I can't afford it.But me holding the lease.
Join Ranjan LIVE for FREE 90-minute deep dive into repurposing commercial buildings & investing in commercial property, this Sunday, at 7pm. FREE REGISTRATION AT www.succeedinproperty.com/free-training.
Wonderful video. Are you going to show the shop. Interested in the heating system.Is the developer going to talk at Baker Street any time soon. Maybe online as we have now have Problems.
So the purchase was made prior to receiving PD? Is there any risk that PD could be refused at all? (Assuming not in an Article 4 or listed building etc)
Hi Kiran / Ranjan , just wondering can this conversion be implemented on a 999 year long lease retail shop? I would very much appreciate your response.
@@ranjanbhattacharya-succeed7617 thank you so much Ranjan , Much appreciated, do you have an email or contact info I don’t seem to find those anywhere to reach you , for getting in touch for future projects. How can we reach you. ?
@@34stylestreet Check out my 8 week commercial property course. www.succeedinproperty.com/workshop (I spend a lot of time working closely with course delegates on analysing projects etc)
