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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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Blog

PROPERTY INVESTOR NEWS MAGAZINE – FEATURING TARGET FIVE

Featuring in February’s Property Investor News magazine

Target Five Director; Tina Wenham and our JV Partner Rachelle of @cseeinvestments feature in this month’s Property Investor News magazine. The article focuses on our current commercial development to a Holiday Let, in central Brighton.

To read the full article, head over to the PIN website now https://property-investor-news.com/ hard copies out now! ?

With thanks to @property.investor.news for a fantastic interview and allowing us to share our experience with you and your readers

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AWARD WINNING PROPERTY CONVERSION – PODCAST NOW AVAILABLE

 ‘?? ????? ???? ?? ??? £??? ?????? ??? ????’

In this BRAND NEW Podcast Series, we will be going behind the scenes on some of the UK’s most Creative, Lucrative and Award-Winning Deals 

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Hosted by , Mark S Barrett from The Property Brokerage, this month it gives me the absolute pleasure to welcome Target Five’s Andy Babbayan who will share insight and inspiration on all things property conversion.

In this podcast we review Andy’s award-winning commercial conversion where he shares how he sourced, stacked, built and refinanced out a commercial mixed-use site leaving none of his own money in and cash flowing over £35,000 per annum.

If you want to understand how to get your award-winning commercial conversion this is one Podcast you do not want to miss. ??????? 055 – ?????? ???, ???? ???? ?????? ??? ??? ??? ?????.. https://buff.ly/3qLk2AO (COPY AND PASTE LINK INTO YOUR BROWSER).

 

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UKPA INVESTOR DISCOVERY DAY

Andy and Tina are in the central Brighton today presenting another UKPA (UK Property Angels), Investor Discovery Day.

Investors got to see some great developments in progress in Central Brighton as well as some new investment opportunities that Target Five have to offer.

If you want to find out more about UK Property Angels, please visit their website here https://ukpropertyangels.co.uk/investors also check out Target Five’s previous network projects with @ukpa_official.

Also, a special thanks to Guy, Andrew and Dagmar for the lovely branded biscuits

UKPA & TAGRET FIVE PROPERTY CONSUTANTS PRESENTATION TO INVESTORS

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Blog

STAGES OF PROPERTY DEVELOPMENT – STRUCTURING LAND DEALS

Part 4 of Sven’s video series on The Stages of Development, has landed! here are his Deal Options:

Unconditional Purchase: is the most basic form of purchase and in our opinion ‘quite dodgy’ if the land does not have planning, we don’t use this option very often!

Conditional Land Purchase Contract: once conditions have been met such as planning the developer is obliged to buy the land.

Option Agreements: Our favoured method of deal.  A contract with a set time, a long stop date and set price.  It gives the developer the option of purchasing the land in that time frame, allowing the developer to obtain planning, undertake due diligence and to purchase the land if they still want to.

Promotion Agreement: Between the land owner and developer, usually the developer will do the work to promote the land i.e. get the planning, then sell to the open market.  Splitting the profit with the land owner.

Joint Ventures: These can take many forms, usually between land owner, developer and a finance partner.  Who come together with an agreement to suit all parties.  Make sure there is CLARITY on this agreement, highlighting what everyone’s roles are and what they are bringing to the table.  Our advice is to try not to partner with people who have the same skill sets as you, compliment not duplicate!

There will be a total of 8 videos in Sven’s series on The Stages of Property Development, missed any? don’t worry you can find them all on our news page, scroll down.

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TARGET FIVE ARE FINALISTS IN THIS YEARS PROPERTY INVESTOR AWARDS

We have received some exciting news, we have reached the finalist stage of the Property Investors Awards 2021 for the following categories;
– Co-Living Deal of the Year
–  Commercial Property Conversion of the Year
–  HMO Property Investor of the Year
–  Property Deal of the Year

Becoming a finalist is a great achievement, especially after the past couple of years with the challenges of Covid and how this impacted the industry and business. We are lucky enough to continue to thrive, which is down to the fantastic team we have and all their hard work.

Fingers crossed for the winners announcement coming soon!

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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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PROPERTY INVESTMENT & DEVELOPMENT COMPANY OF THE YEAR – SME AWARD WINNERS

Southern Enterprise Awards have announced us as winners of ‘???????? ?????????? & ??????????? ??????? ?? ??? ????’⠀

We are very proud of the hard work that team T5 put in everyday. Here’s to the future and fingers crossed for more to come!⠀

This award goes to show hard work and tenacity pays off even during a pandemic!. We couldn’t have done it without the effort and support from @brightonrenovations @ccrdryliningltd @focus_brighton @bpmarchitecturalservices and of course @whaleback.ltd

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ANDY BABBAYAN JOINS THE PROPERTY ENTREPRENEUR BOARD 2022

We are excited to announce that Target Five’s Director, Andy Babbayan, has been elected to serve on the Property Entrepreneur Board (part of the PPN UK Group), for 2022

Andy is currently in Birmingham @thebelfryhotelandresort as we speak on day 2 which see’s the start of the new course year for the PE applicants.

We checked in on Andy this morning to see how thing’s were going?
“Absolutely buzzing after the first day of the PE Board 2022. Really proud to be joining such an illustrious bunch of Uber achievers. More than that though, so refreshing to see such honesty, humility & genuine interest in others from such a group. It’s going to be a great year!”

It’s not only Andy involved with PE, Tina is also following the Advanced course/workshops with Tim and Sven on the Programme course. The courses enable us to execute the next level of business strategy, systems, raising & refining finances, building a world class team and moving into niche & market leading positions that deliver sustainable levels of growth & the lucrative returns of both time and profit.

To find out more about Property Entrepreneur and their programmes, please click the link https://buff.ly/3gWOnWJ #propertyentrepreneur

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CLT MODULAR NEW BUILD – SITE UPDATE

Six days ago our flat pack Carbon sustainable development (Cross Laminated Timber (CLT), Modular Construction), was delivered from Austria, all 25 tonnes!

Today we have been to site and the rooms are taking shape with the first few panels in place, very exciting – fingers crossed the weather holds out ?⠀

Thank you to @rjlandanddevelopment and ⠀
@cseeinvestments for helping to document our new build journey.⠀

We will keep you updated of course with progress, it’ll be coming thick and fast now!⠀