Standard Building Contract (JCT) with private client with a scope to convert two existing single bedroom flats with a combined value of £120,000 into a fully operational 6-bed all en-suite House of Multiple Occupancy, complying with HMO regulations. JCT contract £120,000 to deliver refurbishment over a 6 month period. Project started in December 2020 and finished in May 2021, when all rooms were immediately let. The End-state property value soared to £320,000, giving an annual return of £32,000 (228% higher than the previous occupancy set-up).

Contraction of new, mezzanine 2nd floor required to achieve the overall occupation requirements.