Three Day Masterclass

Three Day Commercial To Residential Conversion Masterclass

  • Expert knowledge from one of the UK’s leading commercial to residential property investment specialists
  • 3 days, transforming you from a novice to a property investor with an edge over the competition.

NEXT COURSE – Time and place…

Date: TBC

Venue:   TBC

Registration: Commercial to Residential Course opens from:

Day 1 – 8.30am for a 9.30am start, finishing at 5.00pm

Day 2 – 8.30am for a 9.30am start, finishing at 5.00pm

Day 3 – 8.30am for a 9.30am start, finishing at 5.00pm

Price: £997
To book, call 0161 9207131 or Contact us

What will be covered

DAY ONE

Part one – Overview

  • What is Commercial Property?
  • The Roles and Responsibilities of Professionals that could be part of a
    Commercial to Residential Conversion team
  • The Importance of a Positive Mindset
  • An overview of the types of finance used to fund a project

Part Two – Finance

  • Traditional Finance – Mortgages, personal loans, Commercial Bridging loan, Development Finance
  • Creative Finance – Vendor Finance, Exchange & Delayed Completion, Lease Options, Lockout Agreements, Offer Subject to planning
  • Relatively New – Joint Venture, Angel Finance, Crowd Funding & Pensions

Part Three – Sourcing

  • Agent types
  • Desktop Appraisal
  • Freehold & Leasehold What is Commercial Property?
  • The Roles and Responsibilities of Professionals that could be part of a
    Commercial to Residential Conversion team
  • The Importance of a Positive Mindset
  • An overview of the types of finance used to fund a project

Planning Application

  • Property Use Class types
  • Permitted Development

BUILDING CONTROL Regulations

  • Buildings
  • Safety
  • Site Preparation
  • Toxic Substances
  • Sound Proofing
  • Ventilation
  • Sanitation
  • Combustion appliances
  • Energy Efficiency
  • Access to and use of buildings
  • Glazing
  • Electrical safety
  • Security
  • Infrastructure
  • Materials & workmanship
  • Working Drawings

Build Costs

  • New Build/ Conversion
  • Location
  • Property Type, Layout, previous use, condition
  • Design choice – Flats, houses, HMO’s etc
  • Self-manage or outsource- size of project
  • Listed – grade type
  • Cost per m2 – excluding finance costs

Legal Considerations

  • Auction legal Packs
  • Change of Use Class without permission
  • Enforcement notices
  • Covenants
  • Easements
  • Lease length
  • Protected Tenancy
  • Right to Light
  • Insurance

DAY TWO

FeasIbility Study

  • Assessing a building
  • Using old plans
  • Unit number, GDV, Build costs, profit and the offer
  • What the market wants
  • Examples

Deal Types

  • Pubs, care homes, apartment blocks, halls, offices, listed buildings, mills and hotels

Adding value to the deal

  • Loft conversions
  • Garage conversions
  • Adding a garage
  • Off street parking
  • Create an extra room
  • Extensions
  • Land development
  • General Refurbishment
  • Staging
  • Efficiency

Viewing Tool Box

Site Visit/Survey

  • Services, drains
  • Property
  • Condition
  • Hazardous materials
  • Dry and wet rot
  • Wall and floor structures
  • Feasibility of parking
  • Re-visit at night

The Offer

  • Process
  • Finance – proof of funds
  • Supporting documents

Detailed Appraisal/Feasibility

  • RICS valuation
  • ServiceSite & ground condition
  • Development Issues
  • Market Trends
  • Valuation
  • Detailed Excel Spreadsheet breakdown of project
  • Pre-Application Advice
  • Parking Issues
  • Agents feedback
  • Sell or hold – What you want
  • What the market wants
  • Gross Development Value
  • Calculation
  • Valuation
  • Comparables

Services – Detailed Appraisal

  • Services – Gas, electrics, water, drainage, eco energy
  • Site & ground condition
  • Other factors: Existing, proposed, time scale, Cost, Practicalities, impact on site operations

Securing The Deal

Part Four – Development

  • Process Overview
  • Self Manage or Outsource
  • Client’s Legal Responsibilities
  • Architect & Construction Design Management (CDM)
  • Planning Process
  • Building Control Process
  • Warranty
  • Asbestos & Health and Safety (H&S)
  • Quantity Surveyor
  • Principal Contractor
  • Services Manager
  • Sub-Contractors
  • Project Management

Part FIve – Exit

DAY THREE

Workshop With Professional Architect

  • Assessing a plan
  • Number of Units
  • Size of units
  • Communal space
  • Cost per unit
  • Practical Exercise

Price: £997
To book, call 0161 9207131 or Contact us