Our Projects

St Neots is a thriving market town with a growing population and excellent commuter links to London, making it an increasingly attractive location for property investment. Its charming high street is full of opportunity, with underused commercial spaces ripe for smart redevelopment.

Take, for example, a typical shopfront property valued at £275,000. With the right permissions and a carefully planned conversion, this space can be transformed into four self-contained one-bedroom flats, each valued at around £150,000—a total gross value of £600,000.

If the build cost is £100,000, the total investment becomes £375,000, leaving a potential profit margin of £225,000.

This kind of high street regeneration not only brings impressive returns for investors, but also provides much-needed housing—breathing new life into town centres like St Neots.

Under this scheme, with an investment of £82,500 we would return to the investor £90,750 within 12 months. That equates to a 10% return.

With 238 sqm of internal floor space, this high street property offers serious potential for conversion. Based on the national minimum space standard of 37 sqm per one-bedroom flat, there is room to create up to 6 one-bed flats (238 ÷ 37 = 6.4).

Assuming a smart layout and efficient use of space, this could allow for:

• 6 × 1-bed flats at £190,000 resale value each 
• Gross Development Value (GDV): £1,140,000
   

• Purchase price: £450,000
• Build/conversion cost: £150,000
• Total investment: £600,000
   

• GDV (£1,140,000) – Investment (£600,000) = £540,000
   

This figure could increase further if part of the ground floor is retained for commercial use or if any flats achieve a higher sale price due to layout or location.

This kind of opportunity shows just how much potential lies in repurposing high street buildings—delivering strong investor returns while providing much-needed housing in sought-after towns like St. Ives.