Ridge Way, Edenbridge
Location: Edenbridge, Kent
Area: 5,100 sq ft
GDV: £1,530,000
Located in the leafy suburbs of Edenbridge, DevTec obtained outline planning for 3 large dwellings to replace the existing, run-down house on the site.
- Site acquired by DevTec.
- Private equity funding obtained.
- Design work completed by DevTec in house.
- Project sold onto another developer.
Coulsdon Road, Coulsdon
Location: Coulsdon, Surrey
Area: 8,000 sq ft
GDV: £3,300,000
Situated in Coulsdon, Surrey, a popular commuter town to the south of London. Sourced by DevTec and acquired unconditionally. Planning was obtained for 9 residential units and the site was sold.
- Sourced by DevTec
- Privately funded
- Strategically located in an area designated for redevelopment
Durley Lodge, Chislehurst
Location: Chislehurst, Kent
Area: 9,000 sq ft
GDV: £4,200,000
Situated in the affluent Village of Bickley just out side of Bromley, Durley Lodge was originally a single occupancy house, demolished to create a luxury block of 9 no. apartments.
- Site acquired by DevTec
- Private equity funding obtained
- Construction completed by DevTec in house.
- Majority of units sold off-plan prior to completion
- Help to buy eligible scheme.
Blythe Mews, Kensington
Location: Kensington, London
Area: 4,000 sq ft
GDV: £5,000,000
No. 1 Blythe Mews was purchased along with the freehold for the remaining mews units. In order to obtain planning permission for change of use from commercial to residential the council needed satisfying that the building was not a viable commercial entity. After multiple engagement with the local authority and demonstration of an unsuccessful marketing campaign planning was secured for an additional mansard floor and conversion into 4 luxury apartments.
- Successful change of use planning permission granted
- Privately funded
- Construction carried out by DevTec in house.
- Completed scheme sold to one investor as a going concern
Leasham Heights, Rye (East Sussex)
Location: Rye, East Sussex
Area: 6,000 sq ft
GDV: £1,940,000
Unconditionally acquired, improvement to the existing planning consent was achieved to increase the massing from a bungalow to a chalet style bungalow development. Successful discharging of the planning conditions involved the relocation of a protected species of newt inhabiting the site. After securing planning the site was suspended in 2008 due to the financial crisis. The site was held and eventually developed and completed in 2011 & 2012
- Site acquired by DevTec
- Tricky planning conditions successfully discharged
- Planning improved to increase units from 3 to 5 bedrooms.
- All units successfully sold