The Castle
Barnes, London
Project Description
This was a characterful two-bedroom apartment in a period property in need of modernisation throughout! The previous owner had lived in this property for 30 years, untouched.
When we were issued with a set of keys, we commissioned our Interior Designer to come up with a scheme & electrical plans to carry out a full refurbishment with a relaxing taupe & grey colour scheme, and to make this luxurious for the end user for either the Sales or Rental Market.
This included a new re-modelling of the master bedroom to create an en-suite shower room which included a ‘Warm Wall’ for hanging towels to space save, and not having a towel radiator. We created new walls and enlarged the family bathroom. The project was taken back to its core and finished to a high specification.
This was an investment property purchased by Wayout Property Group.
Project Details
Project
The Castle | Barnes, London
Date
August 2019
Skills
Investment, Purchase, Full Refurbishment, Full Re-Wire and Central Heating, Re-Modelling
Property Type:
2 Bedroom Apartment
Purchase Price:
£450,000
Funding Method:
Wayout Property Group and Private Investors
Amount of Investor Funding:
£206,000
Associated Costs:
| Lease Extension | £46,000 |
| Cost of Works | £62,000 |
| Legal Fees | £5,000 |
| Stamp Duty | £27,000 |
| Total Spend (Costs) | £140,000 |
Project Length:
3 Months
Final Sale Price:
£795,000
Sales Fee:
£9,937.50
Profit Issued to Investors: Please contact Wayout property group for further details.
The Brief
To create a usable space, make it cosy, finishing to a high specification and being clever on space saving and storage.
To include:
No 1. – Re-create the famous WPG bar as seen in our Bombay Orange Project.
No 2. – Make good investment decisions on where best to spend the budget
No 3. – Make the space flow
No 4. – Be creative with lighting & storage solutions
Moodboard
Playing with metals and textures
Before
After
Work in progress:
Creating the ensuite
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