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Projects Completed

COMPLETED DEVELOPMENT – BAYFORD ROAD, LITTLEHAMPTON

This mixed use property, consists of a commercial unit on the ground floor, which was recently used as a cafe with a 2 bed maisonette above.⠀⠀⠀⠀
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We have converted the maisonette from a 2 bed, 1.5 bathroom, to a 3 bed with 2.5 bathrooms. By repurposing the kitchen to a bedroom with a separate open plan kitchen/living space.⠀⠀
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Things have been so busy we forgot to share the furnished and professional photos!  with thanks to @pro.pro.photography⠀

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NEW MIXED USE DEVELOPMENT – TARRING ROAD, WORTHING

Some further good news we have received today, as we round off a very bsuy week, we have completed on our new mixed use development property, Tarring Road, Worthing.⠀

Currently a ground floor shop with a 3 bed flat above.⠀

Our Plan:⠀
To convert the uppers to a coliving 5 bedroom HMO and retain the shop. There is also potential for future development to the rear STNC.⠀

We will keep you up to date as this property is developed.⠀

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NEW DEVELOPMENT PROJECT – BAYFORD ROAD, LITTLEHAMPTON

Our latest Littlehampton project is underway. This mixed use property, consists of a commercial unit on the ground floor, which was recently used as a cafe with a 2 bed maisonette above.⠀

Target Five’s plan is to convert the ground floor commercial into a one bed apartment (plans currently being drawn up by our Architect. The maisonette above will be developed from a 2 bed, 1.5 bathroom, to a 3 bed with 2.5 bathrooms. By repurposing the kitchen to a bedroom with a separate open plan kitchen/living space.⠀

Our builders are onsite and have started the rip out, which is casuing a bit of a headache already as they have identified condensation spores, as there are no damp proof membranes, in fact we have daylight through the slate roof tiles! so a re-roof is in order.⠀

We will keep you up to date as this development progresses.

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NEW DEVELOPMENT – MONTEFIORE ROAD, HOVE

Things are hotting up, we have exchanged on another property for our investor, with completion set for this Thursday.⠀

Montefiore Road, Hove:⠀
A mixed use building in central Hove, close to Seven Dials & St Anne’s Wells Park. Planning has been granted to convert the premises into a residential C3 dwelling. The intention is to convert the property under class G & M into either 3 x 2 bedroom apartments or 1 x 2 bedroom apartment and a 5 bedroom professional sharers accommodation HMO unit.⠀

Located on the Brighton &; Hove border in an extremely desirable residential location, with excellent bus routes, access to St Ann’s Wells Park and within a short walk from Brighton Station via Seven dials, this area is considered an A class location for our selection criteria. The tenant demand would be mainly working professionals.⠀

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NEW DEVELOPMENT – BAYFORD ROAD, LITTLEHAMPTON

Exciting news, we have just exchanged and completed on another property, Bayford Road, Littlehampton, located moments away from the seafront.⠀

A substantial mid-terrace period house, currently 5 beds spread over 3 floors, in need of complete modernisation throughout.⠀

Our Plan:⠀
To create a 8 bed HMO with 6+ bathrooms, with a large open plan  kitchen/living space, suitable for co-living sharers.⠀

Works are ready to start….here we go!

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NEW DEVELOPMENT – ALDWICK ROAD, BOGNOR REGIS

We have exchanged on our latest property with completion on the 18th Feb!⠀

????????: Aldwick Road is just outside the main town centre of Bognor Regis and the street consists of various retailers and restaurants. The seafront is a short walk away.⠀

???????????: currently the property comprises of an extensive vacant ground floor retail premsies, which is selfcontained, accessed to the right of the property across the upper parts is a 5x bed HMO with a good sized garden.⠀

We have ??? plans for this property, with a number of proposals currently being worked on, ready to go in for planning.⠀

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TENANTS NOW WANT THE OPTION TO WORK FROM HOME

Following the Covid-19 pandemic, tenants are now actively looking for properties where they can work from home more easily. Home working during the pandemic appears to be a success for those whose jobs can be done remotely and who have enough space at home. Surveys have shown that many of us are happier, healthier, less stressed, sleeping better and not missing the commute, this has led to being more productive too.

As we know when renovating properties for investment, we rely on utilising every sq ft of space to add value, adding as many rooms as possible up/down, back/front and squeezing in those en-suites where possible all adding value.

However, we have to get creative. Many of the properties in our ‘bread and butter patch’ in Brighton are already tight on space but it’s integral in our designs that we have space within each bedroom for tenants to have an area where they can work/study. Each room is carefully planned for desk space, that also includes the correct amount of sockets, USB charging points and using the correct broadband provider. We use high quality designed furniture from @landlordfurnitureco who offer a bespoke service, so even for the tightest of spaces we can provide a workspace.

Offering a property with an extra home office space will definitely appeal to more renters and hopefully counteract any void periods!

The pictures here show a selection of our recent bedroom designs/work areas.

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NEW PROJECT UNDERWAY – WEST BUILDINGS, WORTHING

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West Buildings, is a late Victorian mixed-use property in the centre of Worthing, adjacent to the seafront. this building is doing nothing for the local community and economy! But once we’re finished with it it’ll be part of a bustling parade of shops and flats, providing accommodation for professionals, and a shop for locals.⠀

We plan to turn the upper part of the building into a 2-bed flat and the lower part into an HMO-style 3 bed flat, all of which can be accomplished under Permitted Development. The ground floor commercial unit will be retained. ⠀

Our designs for this project are based on the concept of ‘urban industrial’ here you can see a couple of our mood board ideas.

We will be sharing a video of the inside of this property soon, as we have started the satisfying stage of ripping out! ⠀

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Projects Completed

CENTURION ROAD, BRIGHTON

We are excited to show you our recent renovation completion, Centurion Road, Brighton.  We pushed on during the lockdown with a bare minimum team to complete this renovation for our returning Property Investor client, who has now completed 4 properties with Target Five.

Target Five sourced the property for our client, with works starting at the end of February 2020 and completing (with a slight delay due to Covid-19 lockdown and the difficulty in obtaining building materials).

The property was originally a 3 bed family home and is now a stunning 5 bed (planning for 6 bed) with 3 shower rooms.  The property has been finished to a high specification and the interior design was undertaken by the T5 team, to create a top end rental property, creating a fantastic yield for our client and was let off plan!