Illustrative example, not a completed transaction
Office-to-Residential Conversion, Acton
Acton, W3
Project Overview
Illustrative example: a first-time developer acquires a vacant office building in Acton to convert into 12 apartments under permitted development rights.
The Challenge
First-time developers often find fewer lenders willing to fund them without a track record, and permitted development schemes need careful cost management.
Our Solution
A scheme like this would typically be presented to lenders who consider first-time developers, often with an experienced project monitor or contractor to support the build programme. Leverage and pricing depend on lender criteria.
The Outcome
The exit could be sales or a refinance onto investment debt if the units are retained and let. This is an illustrative example, not a completed transaction.
Deal Summary
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