Property Development
16th August 2018
James Peacock have recently acquired a two-bedroom property on South Avenue in Orford. The tired property will require significant refurbishment to bring it back to contemporary living standards, thankfully for the new owners it has landed in safe and reliable hands, with an experienced development team on board to transform it.
The purchase was made on behalf of an investor who is seeking a solid return on his investment, estimated to be around 15% in six months.
What work will James Peacock Property do on the property?
James Peacock Property will strip the building back to bare brick, adding a damp proof course, electrical rewire, install new central heating, add a brand-new Howdens kitchens and fit beautiful bathrooms from Stockton Heath’s Smithfields.
The property will also be plastered throughout, carpeted and decorated before being put back on the market or let the property to tenants.
What is the investors role in the project?
Investors can watch the progress of the project attended the site to sign off decisions and budgets. They also receive weekly monitoring reports to stay on top of their investment.
Why James Peacock Property?
James Peacock offer investors the benefit of their extensive property knowledge and letting management service. Supporting the growth of your property portfolio and maximising the return on your investment.
James Peacock Property Management and Investment offer:
• Property finding service
• Investment opportunities for larger property schemes
• Development work
• Advice on getting the best return on investment
• Professional lettings management for landlords
Here’s some before pictures – we can’t wait to show you the results soon!