064 - Commercial to Residential Conversion

064 - Commercial to Residential Conversion

"No Money Left In and £150,000 Cash Out"

In this BRAND NEW Podcast Series, we will be going Behind the Scenes on some of the UK's most Creative, Lucrative and Award-Winning Deals 🤩

Hosted by me, Mark S Barrett from The Property Brokerage, this month it gives me the absolute pleasure to welcome Max Scott, fellow Property Entrepreneur Board, member who will share his insights on all things property conversion.

In this podcast, we review Max's commercial to residential conversion at Knighton Chambers, Bognor Regis. The property was 80% vacant when purchased and after successfully getting Permitted Development planning permission under Class O, they carried out the conversion to 15 studios.

The property was refinanced as it was being kept within their portfolio and a long term internal repairing lease was negotiated with a student let company.

Purchase price: £350,000

Refurb cost: £505,000

Costs: £38,000

Total costs: £893,000

New valuation: £1.4m

New mortgage: £1,050,000

Exit: retained as an asset for own portfolio with no money left in and £150,000 cash out

If you want to understand how to make commercial to residential conversions work for you this is one Podcast you do not want to miss.

Our March episode of Deals Deals Deals is now live, tune in straight away to avoid missing the boat.

Success and Failure are both very predictable.



Want to learn more?

If you've not already joined the 8.5k Property Entrepreneurs for FREE in the Property Entrepreneur Facebook Group, click here to join now: The Property Entrepreneurs Community



If you're listening to this podcast but have not yet subscribed, click the subscribe button to listen to what Daniel and other industry leading guests have to say on a weekly basis on all things business, investment property and lifestyle: The Official Property Entrepreneur Podcas‪t

Keep up to date with Daniel's musings by subscribing on YouTube now: The Official Property Entrepreneur YouTube Channel

Follow Daniel on Social:

Instagram: @propertyentrepreneur_

Facebook: @PropertyEntrepreneurOfficial

LinkedIn: @propertyentrepreneur

Episoder(357)

360 - Special Edition: 50 Deals Reviewed | £30M Equity | £5M Profit | £5M Cashflow

360 - Special Edition: 50 Deals Reviewed | £30M Equity | £5M Profit | £5M Cashflow

In this milestone episode of The Blueprint Podcast, Mark Barrett is joined by Dan Hill to review the first 50 deals featured on the Deals, Deals, Deals episode series. Across these deals: £30M+ equity...

1 Mai 58min

359 - Rules & Returns Blueprint

359 - Rules & Returns Blueprint

After the huge response to our last episode—where we broke down the risks of global conflict and how to de-risk, deleverage, and diversify—this one takes it further. This is The Rules and Returns Blue...

28 Apr 19min

358 - THE WAR – Derisk, Deleverage, Diversify Blueprint

358 - THE WAR – Derisk, Deleverage, Diversify Blueprint

Tensions are rising.  Global stability is fragile.  Supply chains, capital markets, and investor confidence are shifting faster than most people are prepared for. This episode of The Blueprint Podcast...

21 Apr 21min

357 - Hall of Fame Podcast: Lyndsay Yuill – Finding Balance with a Clear Vision for Growth

357 - Hall of Fame Podcast: Lyndsay Yuill – Finding Balance with a Clear Vision for Growth

In this Hall of Fame episode of The Blueprint Podcast, Katie Harvey sits down with Lyndsay Yuill, Founder and Sales Director of Rentlocally, as she enters the Property Entrepreneur Hall of Fame having...

15 Apr 28min

356 - 12 Week Year Blueprint - What a Winter!!

356 - 12 Week Year Blueprint - What a Winter!!

In 12 weeks, I locked in and executed more than most people would hope for in a month:   1. Launched a brand new business: The Hill Family Office 2. Built the brand, business plan, website, PDPs and f...

14 Apr 22min

355 - Daniel Hill and Katie Harvey go Six Rounds!

355 - Daniel Hill and Katie Harvey go Six Rounds!

Now THIS is going to be a podcast you DO NOT want to miss!    It's time for another episode of our HUGELY popular SIX ROUNDS VIP Guest podcast!   In this episode, Property Entrepreneur of the Year 202...

7 Apr 1h 8min

354 - The Deal of The Year: 32 New Build Units Generating £1.8m Profit

354 - The Deal of The Year: 32 New Build Units Generating £1.8m Profit

In this 50th episode of the Deals Deals Deals Blueprint Podcast, our host Mark Barrett welcomes Mark Jones and Meena Kanagavel, winners of the Property Entrepreneur Advanced Deal of the Year Award, to...

1 Apr 42min

353 - Challenge - Make £1M in 90 Days!!!

353 - Challenge - Make £1M in 90 Days!!!

What if you gave yourself 90 days to create £1 million in value from a single property deal?   In this episode of The Blueprint Podcast, I break down a challenge I've set myself just for fun on a deal...

31 Mar 10min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
rss-pa-konto
pengesnakk
pengepodden-2
finansredaksjonen
morgenkaffen-med-finansavisen
liberal-halvtime
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
utbytte
rss-skravla-gar
livet-pa-veien-med-jan-erik-larssen
rss-markedspuls-2
rss-sunn-okonomi
lederpodden