PROJECTS

Imperium Property Finance Ltd has worked in collaboration on a great range of projects over the past 6 years with WTL Development Ltd. Below are a selection of projects both current and completed.

Projects:

The Laurels, Executive Residential Property

  • Located on the private Wentworth Estate, one of Europe’s premier residential locations
  • Site purchase £950,000
  • Build Cost £650,000
  • GDV £2,900,000
  • 4500 sq ft 5 Bedrooms all en suit, 2 reception rooms, Study, Cinema room, Gym, Indoor swimming pool on 1/3 acre plot Private road and estate.
  • Build time 12 months.
  • 8 The Laurels Gorse Hill Lane 015 8 The Laurels Gorse Hill Lane 014 8 The Laurels Gorse Hill Lane 007 Laurels Front

Royal Holloway Mews, Englefield Green

  • Exclusive new build gated development of 7 luxury 2&3 bedroom apartments close to both Wentworth Golf Club and Windsor Castle, situated only 22 miles outside of Central London.
  • The development is targeted at the high end student lettings market providing apartments for students studying at Royal Holloway University.
  • WTL Developments have sold 4 of the flats and 1 of the commercial units, leaving 3 flats and an additional commercial unit under ownership of the company with a value of £1.02 Million.
  • The project currently generates an income of £69,000 giving an impressive return of 7% per annum.

holloway-mews

holloway-mews-plan

25 Milton Road, Egham, Surrey

  • Previously a derelict semi-detached Victorian property purchased for £135,000 in 2006.
  • Planning obtained to refurbish and extend into a 4 bed property with one en-suit shower room, family bathroom and a kitchen lounge overlooking a large garden.
  • Build cost £122,500 and combined with the purchase price resulted in an outlay of £257,500.
  • 12 month refurbishment/extension period.
  • Property last valued in 2011 at £425,000, giving a profit of £167,500.
  • Property has been retained and let out at a rental income of £2100 pcm.

Milton Road

19 and 21 Exchange Road, Sunninghill, Berkshire

  • Pair of semi-detached properties previously owned by an absent landlord and abandoned for 10 years. Both left in a vandalised state with one in a state of collapse.
  • Compulsorily purchased by the local council from the owner and put out to tender for sale with a local estate agent.
  • Purchase bid was successful in October 2008, with planning permission then gained for the refurbishment of number 19 and the demolition and redevelopment of number 21.
  • 12 month construction period.
  • Number 19 sold for £500,000 with a gross profit of 22%.
  • Number 21 was developed into a larger property with a basement and NHBC warrantee, selling for £550,000 with a gross profit of 36%.

exchange-road

Northdene Court, Egham, Surrey

  • Original building dated back to 1886.
  • Site purchased by in 2004 for £650,000 with planning permission obtained for a new building similar in design to the original but to house 6 luxury flats.
  • Construction was split into 2 phases, with flats due to redevelopment in phase 2 let out to students during phase 1. On completion of phase 1 the flats were remortgaged and the funds raised went towards financing phase 2.
  • During the construction further planning permission was obtained for a flat in the rood of the first flat, ultimately increasing profit considerably.
  • After several attempts to obtain permission for another flat to the side of the development permission was achieved in 2012 with completion in 2013.
  • Only three of the original flats were sold to pay for the construction costs with the remainder are currently let out to overseas students.
  • The last valuation for one of these 2 bedroom flats was £295,000 with a rental income of £1800 pcm.

northdene-court

Other projects also completed

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