Our customer had purchased a fabulously located period property in need of significant refurbishment. Whilst undergoing a full refurbishment of the property, an additional requirement was identified which was to replace most of the floor joists throughout a very uneven ground floor, presenting additional cost to the project.
The introduction of unforeseen additional cost and time required to rectify the ground floor generated a need to demonstrate some enhanced value as part of the process to offset the additional cost.
Assessing the work required to rectify the ground floor, we developed a plan to optimise the basement space. A prompt evaluation of cost v value supported a case to transform the dilapidated basement area into habitable space. Moreover, innovative thinking led to the creation of a basement cinema.
Although the project cost increased by necessity, coordinating the basement conversion with the ground floor joists replacement, the value gained by the enhanced basement conversion more than offset the costs.
Our ability to present a robust evaluation in a timely manner enabled informed decision making and little impact to the project delivery time.
Berkeley Place effectively converted spending on non visible items into increased floor space and tangible value enhancement.
The Downs School, Wraxall
The Downs School faced an issue not uncommon to independent schools occupying older buildings; the Grade II listed building external fabric was in need of urgent and costly attention, while the rate of deterioration was increasing month on month.Read More>
Harvard House is an outstanding period property situated in a prime Clifton location. Although in good general repair, the property was in need of cosmetic renovation and updating to convert back into a family house.Read More>
A grand two-bedroom apartment, located in the heart of Clifton, in need of renovating to benefit from maximum returns on the rental market.Read More>
What Our Clients Say
Couldn't have asked for a better job - Berkeley Place...Liv Walde, Clifton
Nick has been brilliant. Everything is thought through carefully and...Mr J Mackenzie, Bath
We supported Nick and his co-investors with a strategic and...Mr B Tooker, Allied Irish Bank
We hired Berkeley Place to help us convert two flats...Mrs L Cullen, Bristol
Berkeley Place have been contracted for various requests at a...Mr S Witter, Bath
Trim Street, Bath
Berkeley Place is regularly approached by leading media influencers including, The Times, House and Garden, Grand Designs, and other high profile property media, to share thoughts and insights from our broad experience across the private residential sector. Some of our contributions are featured here.