House to Flat / Apartment Conversions
Whether you want to convert a Buy to Let or a home you already own into multiple individual apartments, or you would like to just adapt the property for student accommodation, AFM has the experience you need. Typical yields after these conversions can average around 10.2% vs an average of 5.8% on a standard BTL Property.
Depending on which local authorty you fall under, the type of conversion you wish to make, and the size of your property, you may need a licence from the local authority in addition to planning permission, however there are many exceptions. We have converted dozens of homes into multi-occupancy-units and student flats enabling landlords to significantly increase their yield on a property without large structural changes or the need to pay out large application fees and costs.
We will work with you to advise you on the best course of action for your property to ensure you are granted all relevant permits and permission, and ensure we can offer you the most effective conversion possible, adding again to your yield from your property.
Whether you want to convert your property into completely separate flats each with their own amenities, own cooking area and bathroom, each being classified as separate dwellings, or you simply wish to have shared amenities and just ensure your building is up to code, with the required modifications in place to ensure you’re getting the most out of you available space ensuring you the best possible return, which may include converting larger rooms into multiple rooms, adding extensions to the property to become additional bedrooms, or taking space from existing communal areas to provide more bedroom space, we can help.
We always provide free estimates and we are happy to take on jobs from a single property to a whole portfolio, on very competitive terms.