News Update on our East Midlands Property Developments

We’re delighted to have finally obtained planning permission to convert the outbuildings (Stables, stores, etc.) owned by our JV property vehicle, grace kelly churchill property ventures LLP, into 4 apartments!

Now to get the schedule of works out to builders for their quotes.

The beauty of this deal, that I found while browsing the web from our place on Spain’s Costa Almeria, overlooking the sea, is that the substantial outbuildings were essentially free, as the deal stacked up anyway just with converting the main house and shop into a 6-7 bed HMO (House of Multiple Occupation)!

When assessing where to invest, we always seek the hidden value so that we “de-risk” the investment and potentially add extra profit into the deal.

Watch this space for more news on this project.