Commercial property turn into residential with no planning permission needed.

Blobby8_2

Cleaver wrote: »

Obviously the simple economist in me agrees, as obviously the more supply the cheaper prices go. But then doesn't it depend on demand? There were thousands of warehouse conversions and new builds during the last decade adding to housing stock and prices still rose and rose. I guess that's a different time though.

Anyway, I'm going to be the first person to pitch a property idea to TV execs about doing up commercial properties in to residential ones. Think I'll start with ITV as they seem to have a lack of property programmes, but I need a title. Anyone? I've thought of 'Premises to Pad' and 'From Office to Ownership' but they are both a bit sh*t. I'm going to get former Blue Peter presenter Diane Louise Jordan to front it, as I'm sure she's not doing anything else.

Property for peasants has a ring to it

chucknorris

Cleaver wrote: »

As an unskilled person who regularly pops down the DIY shop in preparation to complete some 'easy' task which ends up with hours of swearing and piles of mess

Yes I think most of us have been there, it's usually all my wife's fault (even though she wasn't actually involved)

chucknorris

Cleaver wrote: »

Obviously the simple economist in me agrees, as obviously the more supply the cheaper prices go. But then doesn't it depend on demand? There were thousands of warehouse conversions and new builds during the last decade adding to housing stock and prices still rose and rose. I guess that's a different time though.

Anyway, I'm going to be the first person to pitch a property idea to TV execs about doing up commercial properties in to residential ones. Think I'll start with ITV as they seem to have a lack of property programmes, but I need a title. Anyone? I've thought of 'Premises to Pad' and 'From Office to Ownership' but they are both a bit sh*t. I'm going to get former Blue Peter presenter Diane Louise Jordan to front it, as I'm sure she's not doing anything else.

Perhaps Mr english could do it:

'Good evening viewers this week I will be converting an old steel works into luxury apartments, you will need a saw, sandpaper and a tape measure'

Cleaver

chucknorris wrote: »

Perhaps Mr english could do it:

'Good evening viewers this week I will be converting an old steel works into luxury apartments, you will need a saw, sandpaper and a tape measure'

Perhaps Mr english could do it:

'Good evening viewers this week I will be converting an old steel works into luxury apartments, you will need a saw, sandpaper and a tape measure. Have you thought of buying silver? I've heard it's a great investment. In fact, let's forget the steel works and see if we can buy some silver shall we?"

PasturesNew

MrEnglish wrote: »

But think of the yield.

With housing benefit about to be reduced 10 of these £10k flats rented out even at the new lower rate would be worth it. BTL may have some life left yet.

The knock on effect will be lower rents and house prices all over the country of course.

Homes are for living in, not speculating on.

PasturesNew

I'd like to buy a forge .... and convert half of it so it's a live/work space.

PasturesNew

Cleaver wrote: »

... but I need a title. Anyone? I've thought of 'Premises to Pad' and 'From Office to Ownership' but they are both a bit sh*t....

The Workhouse. ©

john539

PasturesNew wrote: »

It would still need to be desirable/useful though. Random shop wedged between a pub and a kebab shop even at £10k isn't a great place to live.

May not be that desirable, but someone will still live there.

Should increase supply & availability at lower end of market.

I'm surprised how people can have small houses in shopping street or with bus stop outside their front door.

MrEnglish

Wookster wrote: »

What a long overdue idea.

Think of all the town pubs closing down. There is a glut of second tier commercial property at the moment, even in trendy parts of london such as Hoxton/ shoreditch.

Will all these old pubs be made into multiple bedsits and 1 bed flats?

Davesnave

PasturesNew wrote: »

I'd like to buy a forge .... and convert half of it so it's a live/work space.

Isn't that a bit OTT for jewellery, or are you going in for the rustic, wrought iron look?