SM ELITE MANAGEMENT

PORTFOLIO

OUR SUCCESS STORIES

KT11 1ER - Cobham

Outcome

Profitable projects
High quality development finish

Situation

Current house was purchased below market value for £975,000. Properties on the road worth over £1.6m in better conditions

Brief

Purchased & Managed all elements of changes to the house through planning in order to change the layout to make the property look like a multi million pound asset with high specification finish. Hired in house 3D interior designers to spec the house properly.

Deliverables

Planning
Structural architect
High end interior design
Interior space planning and increasing value
Landscaping, outer-building, Rear Extension
Open plan

White house with gray door and green lawn

108 London Street

Outcome

Purchase £1,000,000
Build : £450,000
GDV – £2,200,000
Fees: £200,000
Profit: £550,000
Margin – 25%

Situation

Property was bought from an agent which was on the market for around 6 months. The property was Grade 2 listed Office and came with planning permission to convert the building to 7 flats internally. We had to go through BREAM, and many Grade 2 listed hurdles which we successfully done.

Brief

Office was bought under a new SPV: company number: 12065501 – 108 London Street development Limited.

Deliverables

JV partner and project management
Interior Design, organizing investor finance and development finance via Octopus
Arranging build team and architects and exit sales

London

Outcome

Profitable project

Situation

After meeting and presenting to private investors, funding was approved to carry out residential projects in London, during 2016 three successful projects had been completed and previously five HMO renovations with basement and loft conversions had also been developed.

Brief

Manage all elements of residential projects from acquisition, project and contractor management, procurement and quality, on time and within allocated budget.

In order to achieve minimum 20% to 30% profit on GDV the correct site due diligence and understanding of area and market conditions was imperative to ensure project profitability could be achieved.

Deliverables

Develop modern properties for PRS and sales
Increase floor area to increase project profitability
Manage project delivery and risks effectively
Manage costs and finances with accounting partners

Modern kitchen and serene backyard patio

High
Wycombe

Outcome

Designs approved.
Planning approval achieved.
Contractors appointed and development completed.
All apartments sold off at 16 months from start of construction.
GDV – £2,085,000
Margin – 29.9%

Situation

A corner plot for sale with outline planning permission for apartments.

Brief

To design and build 10 one and two bedroom apartments and sell off.

Deliverables

Came with planning and I had to sort the structural reports and tendering
To source suitable contractors, obtain pricing and agree contracts.
To Project Manage the entire building process through to completion.

Modern brick house with white car parked outside

Refurbishment Project

Outcome

Currently increased rental by £600 more from £1,000 – £1,700

GDV – £475,000
Margin – 28%

Situation

Bought current house for £232,000 on the open market.

Brief

Project was to add a single storey extension under Permitted Development and planning and then to refurb the house to a nice standard and rent out

Deliverables

refurbishment the current house
Build cost: £75,000

Prime London Belgravia

Outcome

Looking to still refurb.
Done up is worth £4.2m . In its current state : £3.7m
Long Lease – £800,000, Overage £150,000 for 2nd floor.

Build cost: £100,000

Situation

Property was off market which was recently purchased by us for £850,000 with a 18.5 years lease left. The property was identical to 21, & 23 Kinnerton Street Which added massive value to ours. Ours was dated with a 2nd floor with high ceilings. Currently it was sold as a 2 bed ground floor and 1st floor. We managed to get the 2nd floor inside the contract to add a massive uplift to the value.

Brief

Property was bought under a new SPV: company number: 11211434 – 19 Kinnerton Street Limited.

Deliverables

Help arrange finance & bridging for 100% of the cost
Helped with the lease extension
Shadowed the lease extension professional

Slough 1 the Pavillion Ltd.

Outcome

Purchase £2,500,000
Build : £1,500,000
GDV – £7,800,000
Profit: £1,800,000
Margin – 25%

Situation

Property was bought off market as a office from a law company in slough. It came with no planning and we saw a potential when sourcing this to convert it into flats. We did a pre app and it was positive to add an extension to the side to make it L shape building

Brief

Industrial unit was bought under a new SPV: company number: 14335057 – 1 the pavillion Limited.

Deliverables

JV partner and project management
Organizing planning team, consultants, reports, council and architects
Arranging contractors, finance

Delebuilding Project Ltd.

Outcome

Purchase £1,750,000
Build : £3,300,000
GDV – £8,200,000
Profit: £1,700,000
Margin – 25%

Situation

Property was bought off market as a dulux paint centre in slough. It came with no planning and we saw a potential when sourcing this to make it into flats. When drawing the building we discovered up to 22 units can be obtained. We did a pre app and it was positive and 2 years later a planning application was approved.

Brief

Industrial unit was bought under a new SPV: company number: 14543830 – Delebuilding Project Limited.

Deliverables

JV partner and project management
Organizing planning team, consultants, reports, council and architects
Arranging contractors, finance

PORTFOLIO

OUR SUCCESS STORIES

KT11 1ER - Cobham ​

High Wycombe

Outcome

Designs approved.

Planning approval achieved.

Contractors appointed and development completed.

All apartments sold off at 16 months from start of construction.

GDV – £2,085,000

Margin – 29.9%

GDV – £475,000

Margin – 28%

Looking to still refurb.

Done up is worth £4.2m . In its current state : £3.7m

Long Lease – £800,000, Overage £150,000 for 2nd floor.

Slough 1 the Pavillion Ltd.

Outcome

Purchase £2,500,000

Build : £1,500,000

GDV – £7,800,000

Profit: £1,800,000

Margin – 25%

Purchase £1,750,000

Build : £3,300,000

GDV – £8,200,000

Profit: £1,700,000

Margin – 25%

KT11 1ER - Cobham

High
Wycombe