The site was developed purely with cash funds meaning reduced interest costs; the resulting product created was an aesthetically pleasing residential block- our profit was in excess of £500k with a 12 month build period.
£2.55m
East London, E13
Residential Development
Challenge
It was a backland site which had numerous constraints including daylight/sunlight issues and overlooking/privacy.
Solution
Through careful planning and conversations with the council at pre-app stage, we were able to develop a scheme which consisted of 6 flats (x3 3 beds, x2 2 beds & x1 1bed).
Outcome
The site was developed purely with cash funds meaning reduced interest costs; the resulting product created was an aesthetically pleasing residential block- our profit was in excess of £500k with a 12 month build period.