• Planning Restrictions: Required full planning approval for the conversion from C3 to C4.
• Article 4 Area: Constraints on internal and external alteration due the article 4 restriction.
• Increased Costs: Higher expenses for compliance with the article 4 and HMO requirements; Bin storage, transport, etc.
• Expert Consultations: Needed an architect experienced in HMO development within article 4 areas.
• Time: The removal of Permitted Development (PD) rights significantly extends planning approval wait times, increasing costs.
• Valuation Risk:  Possibility of undervaluation due to insufficient comparable properties in the area.

    Before Images

• Planning Restrictions: Planning approval was issued for the conversion from C3 to C4.
• Article 4 Area: The planning approval allow for internal and external alteration required to create a excellent cashflow asset.
• Increased Costs: Additional expenses for compliance with Article 4 and HMO standards, including bin storage, transport requirements, etc.
• Expert Consultations: An architect experienced in HMO development within article 4 areas was engaged.
• Time: Time was a challenge due to the article 4 restriction
• Valuation Risk: The property was undervalued due to insufficient comparable properties in the area.

    After Images

Below are some selected pictures showcasing the tasks we executed to create this wonderful product.

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