Commercial Property Office Conversion To Residential | Permitted Development Fro Beginners

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Ranjan Bhattacharya - Succeed In Property

4 жыл бұрын

The best way to get started with property development is to get going on a small property development to learn the ropes and gain that valuable experience.
In this video, first time commercial property developer, Lal Da Silva, shows us round his first commercial property development project where he has taken a small former office building and used permitted development rights to convert it into 3 flats. You may remember we visited this property a few months back and you can watch that video here: • Property Development F...
In this video Lal shares many tips a learning points gleaned from his first commercial development project. A must watch for beginners looking to get started in commercial property development.
Many people were put off this building because they didn't understand the difference between a listed building and a locally listed building. Knowing the difference is key to finding a gem.
Lal's attended Ranjan's Commercial Property weekend workshop where he learned much of the techniques he has applied on this project. To find out more about our Commercial Property Weekend Workshop at www.BakerStreetWorkshops.com
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Пікірлер: 22

@dantereeves3013 3 жыл бұрын

Ranjan is a true professional. As an investor myself that seeks and repurposes vacant commercial property in the United States, I can attest to what Ranjan teaches is real and very much works!!! Keep up the great work brother.

@eesaasif6684 4 жыл бұрын

Great videos sir👍 plus your energy is great!

@katwilliams2950 3 жыл бұрын

I think this idea of conversion is so smart. I always heard of residential to commercial, but not the other way around

@Michael-4 3 жыл бұрын

Looks great, well done.

@steveharman8907 2 жыл бұрын

Love this one Ranjan and Lal. Top work, well done

@markwilkinson968 4 жыл бұрын

Great job Lal!

@subomiaborisade3112 4 жыл бұрын

Great Ranjan

@ranjanbhattacharya-succeed7617 4 жыл бұрын

Lal attended my Commercial Property Investment workshop last June and this is his first project now completed. The next weekend Commercial Property Workshop is in January, but is completed sold out! The one after that is the weekend of 22nd and 23rd Feb. We have just 9 places left. For full details visit www.BakerStreetWorkshop.com (At the checkout, enter promo code 'BSPMVIP' for a special £400 off!) This weekend workshop is the place to learn my proven strategies for commercial property investment & development.

@hamida8113 3 жыл бұрын

Good work all around well done! How do you source good builders in a new area that you want to invest?

@nurichang1998 3 жыл бұрын

Great video, great job. Maybe I missed this but how much profit could one expect in a deal like this? Ball park figure, if you’re comfortable sharing this info of course.

@russ023 4 жыл бұрын

i enjoyed watching your video but will say mic an sound is poor quality is worth investing iin a better quality microphone for sound

@nassah2010 Жыл бұрын

how was this bought with help to buy when this is a development??

@Treckorz 4 жыл бұрын

Hello great work Lal. Please can you let me know whether you applied for a bridging loan without planning in place? As I know speculative bridging is very expensive. If you did, how did were you so sure that you would achieve planning permission? Thanks!

@ranjanbhattacharya-succeed7617 4 жыл бұрын

Hi. Bridging loan and development finance were obtained as explained in video. The key with these projects are that they are done under permitted development. Ie full planning permission is not required. PD projects are quicker to get started and don’t come with the uncertainty of the planning process. This helps when it comes to financing

@raymanmufasa 4 жыл бұрын

Hi, I am happy to introduce you to my commercial loans broker. Ive used the firm for bridging loans many times. PM me on instagram RaymanMufasa. You can also see some of my projects on there.

@Treckorz 4 жыл бұрын

@@ranjanbhattacharya-succeed7617 hello thanks for the reply. My question was specifically to find out whether Lal applied and achieved PD before applying for bridging?

@laldesilva8634 4 жыл бұрын

Hi, The financing for the project was agreed subject to planing -in this case PD. Only once the planing is in place you can move. Hope this helps

@Treckorz 4 жыл бұрын

@@laldesilva8634 Hello, that makes sense. I am surprised how the vendor is willing to wait that long. I mean PD, especially with prior approval can take 8 weeks. Within that time frame, how can not another buyer just come along and purchase the property? They could be a cash buyer, and the vendor is obviously not looking to wait that long and will just go with a quicker buyer. Please clarify. Thanks!!