£10M GDV Commercial to Residential Conversion | 35 Flats from Class E Building with Mindaugas Okunis

🏗 £10M GDV Commercial to Residential Development – Full Site Tour & Insights!

Join me on this exclusive site tour of a 25,000 sqft commercial-to-residential conversion in Crawley, led by Mindaugas "Mindy" Okunis. This Class E commercial building, originally purchased for £3.25M, faced multiple planning refusals before finally securing approval for 24 flats under permitted development (PD). But that’s just Phase One!

🚧 What You'll Learn in This Episode:
✅ How Mindy overcame planning refusals & appeals to get approval for 24 flats
✅ The latest changes in permitted development rights (PD) for commercial conversions
✅ Phase Two plans: 11 more flats submitted for approval on 5th March 2024
✅ Deep dive with Ian from Green Manor Building Ltd on:
🔹 Fire mitigation strategies 🔥
🔹 Party wall construction 🏗
🔹 Soundproofing & acoustic testing 🎧
🔹 Kitchen design & layout 🏠
🔹 Infrared heating systems for energy efficiency ⚡

With 25-30 workers on site daily, Ian runs a tight ship, ensuring these flats are built to high standards with low future maintenance—a crucial factor since they’ll be held as long-term assets.

💬 Have you considered commercial-to-residential conversions? What challenges have you faced? Drop a comment below!

🎟 Join the Commercial Property Workshop – Use Promo Code ‘OMZEARLYTICKET299’ for a Discount!
🔗 Get Tickets Here

🔗 Useful Links:
🏠 Green Manor Building Ltd: www.greenmanorbuilding.co.uk/
⚡ Infrared Heating System: iheliosliving.co.uk/

📢 Enjoyed this episode? LIKE, COMMENT & SUBSCRIBE for real-world property development insights!

📲 Follow me for more property content:
🔗 Instagram
🔗 LinkedIn
🔗 Website

🔥 #CommercialProperty #PropertyDevelopment #PermittedDevelopment #Investing #RealEstate #Construction #PlanningPermission #CommercialConversion #PassiveIncome #BuyToLet