Conversion
The government allows offices to be converted to homes without the need for planning permission (central London and Manchester city centre are currently exempt). There is a vast and growing housing shortfall every year and the industry does not have the capacity to bridge the gap with new-build housing in the short or medium term. As a result, converting vacant or underutilised office buildings into residential homes in order to take advantage of their locations can be a good investment.
Triple A Investments offer the following service for office to residential conversions:
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Planning appraisal to determine the benefit from permitted development rights
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Feasibility study for proposed redevelopment into residential accommodation
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Planning applications for proposed redevelopment
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Design and project management for the conversion
We have successfully converted temporary permitted development rights (PDR) offices to new homes.
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Other Investments
Land acquisition, planning & development
Off-market land acquisition