Camberley, Surrey — Office Conversion to 12 Flats

We acquired two neglected office blocks that had remained unused for years — one severely dilapidated with collapsed floors, roof, and staircase after more than 15 years of abandonment, and the other vacant for over five years. While the market avoided the site due to its condition, we recognised the potential and secured the property through a 60/40 investment partnership, combining our capital with long-standing investor finance.

We have now obtained permitted development approval to convert both buildings into 12 modern residential flats, complete with allocated parking. Securing this planning uplift has already increased the site's value significantly.

Our team is currently enhancing the scheme by pursuing rear extensions and improved layouts to expand the internal footprint by around 30% and elevate the Gross Development Value from approximately £2.2 million to £3 million.

Development finance for the construction phase will be provided by our recurring investor, who continues to reinvest capital across our projects. This ongoing scheme represents a major value-add opportunity and an exciting next step for our development team.