Imperial House, Colindale
Working in partnership with the end-user and Regent Land and Developments this project provided high-quality co-living accommodation. The project including 3 blocks of up to 16 storeys providing 155 beds space, offering 26 social housing units, and approximately 500m2 commercial space.
Site with planning permission sold to Hyelm Group.
Purchase cost: | £8,000,000 (with delayed completion) |
Planning and legal costs: | £554,000 |
Selling price: | £10,500,000 |
PROFIT: | £1,946,000 |