Guildford Avenue, Surbiton, London

Pennard has recently acquired a 4 bed semi-detached house in Surbiton, London and will carry out a loft conversion and refurb of the existing property (through Permitted development rights) and construct an additional 5 bed house on the adjacent plot. The project is forecasted to take 18 months from acquisition to sale.

Value Uplift – 25%

Foskett Road, Fulham, London

Pennard provided a full-scale development service for the redevelopment of a freehold 3 bed house in Fulham, creating an additional 500 sq ft of floorspace, including a side return at Ground Floor level and an additional pod room on the second floor. The project also consisted of a full refurbishment of all heating and plumbing systems, including the installation of underfloor heating throughout. The project is scheduled for completion in June 2020.

Value Uplift – 25%

Pennard Road, Shepherd’s Bush, London

Pennard acquired and developed a Freehold upper floor maisonette in Shepherd’s Bush, creating an additional 400 sq ft of floorspace, including an extra bedroom and en-suite bathroom. The project consisted of a loft conversion and reconfiguration of the 1^st floor turning a 2 bed apartment into a large open plan 3 bed apartment, which achieved a record rental income for the area. From acquisition to completion, the project took 11 months.

Value Uplift – 28%

Danehurst Street, Fulham, London

Pennard acquired and developed a Leasehold 1^st floor maisonette in Fulham, creating an additional 350 sq ft of floorspace, including an additional bedroom and en-suite bathroom, and a large south facing roof terrace. The project consisted of a loft conversion and reconfiguration of 1^st floor turning a 2 bed apartment into a large open plan 3-bed apartment, which achieved a sales value in excess of £900 per sq ft. From acquisition to completion, the project took 13 months, including a period of negotiation with the freeholder.

Value Uplift – 25%