Norwood Junction, SE25 - Problem Property Investment Project

Location
Solution:
Outcome:
Gallery:
Project Overview
This project involved the acquisition of a below-market-value residential terrace house that had been unlawfully converted into multiple flats, restricting mortgage finance and limiting buyer demand.
Prior to completion, Jaox worked with the vendor to remove an additional kitchen, enabling the property to meet lending criteria. This intervention allowed us to proceed with a mortgage-supported purchase and offer the vendor a higher, more certain price.
Following acquisition, the property was fully reinstated as a single-family dwelling, including a comprehensive back-to-brick refurbishment and the addition of a side extension to enhance space and usability.
The Structured Solution
Key Numbers
Value Created Through Structure and Delivery
- Capital Invested: £73,000
- Refurbishment Spend: £40,000
- Gross Profit: £144,000
- Value Increase: 58%
Through disciplined planning and execution, the project delivered a strong financial outcome while restoring the property as a safe, compliant, and desirable family home.
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