The property is located in the then up and coming area of Shoreditch. Secured through an auction, the property was in a dire condition and in need of restoration. At the time, a terraced house with derelict roof. We have managed to secure a planning consent for the subdivision of the asset into five one-bedroom apartments. The renovation was completed according to schedule and since then it is fully rented and grown in value by a staggering 600%.
Location: 46 Bacon St, London E2 6DY, UK
Property: five-level terraced house
Strategy: Planning permissions has been granted for the subdivision of the property into five one-bedroom apartments, including a loft extension on the roof and conversion of the basement into an additional unit.
Renovation was completed six months post planning permission and flats are fully rented still owned by the Jackson & Co.Total
Internal Area: 270sq.m.
Floors: 4 levels plus basement
Project completed in 6 months (renovation plus loft extension)