DAP were initially instructed to obtain planning permission and Listed Building Consent for extensions and major internal renovation work.
Several weeks into the project, the client unexpectedly decided to sell this property as he was presented with a rare opportunity to acquire a substantial family dwelling in a prime London area.
DAP strategically advised the client to seek planning permission for conversion to multiple self-contained dwellings prior to selling the property to increase its value and command a higher sale price.
Having been given the go ahead, our brief then became to identify the configuration of units that would add the most the value to the property. Following extensive research and several concept schemes, it was concluded that a combination of 2 x 2 bedroom flats together with a single one bedroom flat was achievable in planning terms and would yield a significant uplift in value for our client.
The client agreed a sale to a local property developer conditional on planning permission for £4,150,000. In this case, the client achieved a net increase of 27% in the value of his property.