Project Overview
GDV: £2,200,000
CONSTRUCTION: £545,000
COMPLETED: 2024
ROI: 44%
An incredible 7.5-month transformation — turning a single property into three stunning flats and a commercial space. Here’s how Nova London Developments made this happen.
Nova London Developments acquired the property directly from the seller for £945,000. The trust built with the seller was instrumental, as they later became investors in the business, highlighting the importance of strong relationships in property development.
Over just 7.5 months, the Nova London Developments team transformed this property, achieving a gross development value of £2.35 million. The goal was clear: deliver high-quality flats with a target of £950 to £1,000 per square foot — a mark that was hit exactly.
One of the biggest challenges was the lack of rear access — a common hurdle in London developments. However, thanks to Nova London Developments’ skilled builders and tight project management, the project was completed efficiently, on time, and within budget.
This project is a testament to what’s possible with the right team, planning, and relationships. It’s also an example of how strategic developments in SW London continue to hold tremendous potential.