Aimed at new and experienced developers seeking to benefit from the redevelopment of smaller scale industrial properties, the publication discusses a range of strategies and approaches that can be used in assembling an experienced project team and obtaining funding.
The book also covers:
• A complete overview of the development process, with illustrative pictures and diagrams
• A full explanation of the Permitted Development Rights introduced in August 2021 that allow many types of building to be converted without full planning permission
• A step-by-step guide to creating a property development business in your spare time
• How to source finance for your projects
• How to find opportunities, both on-market and off-market
• What type of property to build and how to work out your numbers
• How to get the maximum number of units from your development site
• Tips for selling your finished units
Authors, Ian Child and Ritchie Clapson CEng MIStructE, have over 70 years' property and business experience between them. Together they founded propertyCEO, a nationwide property development and training company that helps people create a successful property development business in their spare time. It makes use of students' existing life skills while teaching them the property, business, and mindset knowledge they need to undertake small scale developments successfully, with the emphasis on utilising existing permitted development rights to minimise risk and maximise returns.
Industrial to Residential Conversions: The essential guide to converting industrial buildings for profit is available on Amazon and from all good bookstores (RRP: £7.99).
