Hestia Home Development

Development Management: Magdalena Skinner
Interior Design: Hestia Home Development
Lettings & Management: Hestia Estates Ltd

Gross area: 2,336sqft (retail and residential)

A four storey mixed use property in close proximity to Limehouse station, purchased for £420,000.

With two flats already completed and occupied by tenants and another to follow soon, the project is already generating revenue.

If the development of a further four storey property to the rear of the building is approved, the project will deliver a margin on cost in excess of 60% within just three years.

We achieved a valuation between £886psf (bank) & £1,000psf (agent) in an area that typically achieves <£500psf and should achieve more than 60% margin on cost.