Creation of a new 1 bed flat and refurbishment of 3 others

| 18th October 2015 | 0 Comments

The Rose and Crown Flats, Mayfield, East Sussex

Refurbishment of three neglected flats and creation of one new flat from old store

Flats located in the Conservation area of Mayfield behind the Rose and Crown pub - Pre-development

Rose and Crown Flats, Mayfield before development – Over grown front view

 

In August 2007 I viewed a building behind the Rose and Crown pub in Mayfield East Sussex ; the building was made up of  3 dishevelled, dirty, damp and disgusting staff flats which required refurbishment and a redundant store area. Planning Permission had been granted for the conversion of the store into a 1 bed flat.

So the chance to create/refurbish four 1 bedroom flats in the heart of the beautiful Sussex village of Mayfield. To good resist.

I contacted the agent and negotiated a reduction of the asking price from £350,000 to £320,000.

Work started in October immediately after the purchase. The conditions were limited and were discharged easily.

I will now explain how the flats were organised and refurbished and I will include as many photos as possible to guide you:

The 3 existing flats were in need of a total strip out. The existing plaster was so mouldy nothing could be kept. We filled up 8 skips.

As you looked at the property bottom left, the new flat, would be no 1, up the central stairs and turn left we have no 2, turn right no3 and back on the ground floor bottom left is no 4 with the garden.

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Front view post development

Coach House Mews Flats, Mayfield – Post development

 

No 1, the new flat had an odd layout so we arranged for an amendment to the planning so it worked better. We also applied for the addition of two rear windows. The flat was below ground so required tanking.

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 1 post development

Coach House Mews Flats, Mayfield – Post development – Flat 1

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 1 living room

Coach House Mews Flats, Mayfield – Flat 1 open plan living room

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 1 bedroom

Coach House Mews Flats, Mayfield – Flat 1 bedroom

 

No 2 layout would remain unchanged and would have a shower room only.

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 2 Kitchen

Coach House Mews Flats, Mayfield – Flat 2 Kitchen

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 2 living room

Coach House Mews Flats, Mayfield – Flat 2 living room

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 2 living room

Coach House Mews Flats, Mayfield – Flat 2 living room

 

No 3 would need walls taken down to create an open plan living dining rooms with an en-suite bathroom.

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 3 living room

Coach House Mews Flats, Mayfield – Open plan living room

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 3 Kitchen

Coach House Mews Flats, Mayfield – Flat 3 Kitchen

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 3 living room

Coach House Mews Flats, Mayfield – Living room flat 3

 

No 4 was the best flat as it had an entrance hall, and a garden. I don’t have many photos for some reason. Possibly because it sold so quickly.

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 4 garden under construction

Coach House Mews Flats, Mayfield – Flat 4 garden under construction

 

Coach House Mews flats - formerly known as rose and Crown Flats - Mayfield - Flat 4 bathroom

Coach House Mews Flats, Mayfield – Flat 4 bathroom

 

The build was completed in February 2008 and all 4 flats were put on the market. No 1 – £135,000, No 2 – £155,000, No 3 – £155,000 and No 4 £175,000

We staged flat 1 and 4 with furniture and furnishings that we purchased – not hired.

As we all know the recession was beginning to bite so after a very good first day of viewings we only received offers for flat 1 and 4. Could the staging be linked to the offers I wonder. We have staged all our properties since and have sold very quickly. Worth spending the money.

We sold no 4…No 1 sale did not go ahead. The sale was difficult because my Solicitor had failed to notice at the time of my purchase that the existing flats did not have FULL residential planning, they were linked to the Rose and Crown Pub. He worked very hard and very quickly to get this changed as if he had not he would have had to pay me, via his professional Indemnity insurance, the full value of the flats.

The market dried up so we kept the other 3 flats and rented them about August 2008 and rented them without voids until we sold Flat 1 in 2011 for £100,000.

Flats 2 and 3 have long standing tenants and we have no intention to sell as they now form part of our investment strategy.

 

 

 

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Category: Coach House Mews - Mayfield, Construction Phase, Design and Planning, How to sell your property, My Projects, Negotiating and Buying a Property, Property Developing, Property Professionals

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