Sunday, 21 May 2017

Before handing over the keys...

We just had to have a warehouse party!
In numbers:
- approx100 guests
- 4am end
- 1 entire iberico ham leg
- 8kg Comte cheese
- 2 DJ's
- 1 security guard (being Brixton, Had to keep gate crashers out) 
- can't remember specs of soundsystem, (but loud enough to trouble the neighbours across the road!)
- no's of cocktails served... Sorry did not count! 

I think it was wise not do this earlier, could easily become addictive... But now keys need to be handed over in couple of weeks for completion.

And the hunt for new properties is gaining traction again.
More on that soon.

Tuesday, 2 May 2017

Celebratory diet coke.

After a long long year... (During which I hardly blogged - apologies)
I can confirm that our latest project has sold/exchanged  today!
In brief:
- 13 months turnaround.
- 20% return
- pre brexit purchase and post brexit exit.
- site untouched (apart from squatters episode)
- added value purely generated through an improved pre planning application.
- sold forward to another developer to execute.
- offer too good to refuse an easy exit at this stage.
- further 20% profit expected on buyers side (on purchase price) once completed (in addition to his transaction costs -stamp duty etc)

Stay tuned. Next post is about a warehouse party!