The landscape of commercial property in the UK has changed considerably over the past few years. I don’t think any of us need a reminder on the main reason why…
With changing work patterns and a shortage of housing, commercial to residential conversions are on the rise. Converting disused commercial buildings can be highly profitable for investors and adds much-needed housing stock in Southern England, part of our mission here at Brentor Property.
Brentor Property Group has extensive experience in successful conversions. If you’re looking to venture into commercial to residential conversions, here’s a whistlestop run down of the process.
The Right Property
We start by identifying commercial spaces with excellent conversion potential. There are many factors taken into consideration here such as location, structural integrity, and local planning regulations. The absolute key to successful (and less stressful!) conversions is getting these right.
Permissions and Planning
Always a fun one… You may have seen from our socials recently that we’re on a 100% success rate with the planners at the moment! (I hope we haven’t just jinxed it!) Our expert team carefully navigates planning permissions and building regulations, securing the necessary approvals for all of our projects.
The Conversion
Our team of trusted contractors transform the commercial space into beautiful residential units. Don’t tell them we said this but we literally couldn’t do it without them. We choose our build teams incredibly wisely and suggest that you do too! Work with teams who have experience in similar projects, make sure you check their previous work and have a watertight agreement and programme of works to protect you both. Trust us on this one…
Exit Strategy
Make sure you’re clear on the exit strategies available to you before you agree on any deal. Is there an option to sell the converted property for a profit? Or maybe you’d prefer to create a rental income stream for yourself. The options available to you should be crystal clear from the outset. Sounds intense, right? If you're interested in exploring commercial-to-residential conversions without the stress and responsibility, contact us today.
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