Commercial Office to Residential Conversion, West Yorkshire
Project Brief
9 Wood Street was a failed jewellery store with two storey office space above. The upper floors were converted to 2x 2 bedroom apartments and the ground floor commercial unit was sold off to a hairdresser.
The site is located in the heart of Wakefield. When finished the apartments were refinanced to release the added value.
Financials
| Purchase | £150,000 |
| Loan Funds Raised | £60,000 |
| Conversion Costs | £55,000 |
| Final Value | £275,000 |
| Time | 4 Months |
Fivenines