Stage 3 Property in conversation with property colleague who has/is gaining planning permission for a development of 4 detached houses in a private gated community in a former paddock. The development consists of 1x 5 bed detached (202 sq/m), 1 x 4 bed detached (195 sq/m) and 2 x 3 bed semi-detached houses (120 & 108 sq/m) a total GIA 725sq/m with a GDV of £2.6m; Build estimate £1.535m; CIL £100k. Resubmitted planning proposal now at appeal so an answer expected in Q4 2024.

Three off-market projects under confidential discussion that we have verbal first option if and when they become available.

(1) Current planning being gained to convert and extend a Sussex commercial property into two residential properties. More details to follow soon.

(2) Two Commercial opportunities in Surrey with potential to convert into residential units. More details to come soon

Large off-market plot with ‘guaranteed’ development potential as next door was demolished and 8 properties built with a GDV of £5.1m. Asking price circa £850k - potential exit at planning gain and/or build out, option agreement not available!

JV with a Stage 3 Property & a Green Energy Co. to gain planning permission to develop numerous battery energy storage facilities (3 identified todate). Each site requires £70k - £350k planning + grid connection costs. Significant uplift in value once planning is gained, allowing for a potential 100% ROI or a % profit split JV.

3 bed Victorian semi-detached in popular central location of a busy Sussex town with good transport links coming to market in poor condition. Great potential to modernise, extend increase value by 50%+ too either sell onwards or refinance and rent out.