120 - Mr Santa Makes £600k+ On One Deal

<p><strong>"Market Leading Returns From Commercial Conversions"</strong></p> <p> </p> <p><span style="font-weight: 400;">In this Deals, Deals, Deals Podcast Series, we go Behind the Scenes on some of the UK’s most Creative, Lucrative and Award-Winning Deals 🤩</span></p> <p> </p> <p><span style="font-weight: 400;">Hosted by me, Mark S Barrett from The Property Brokerage, and as it was the Christmas podcast, it had to be Rohit Santa, Mr Santa himself to share the details and learnings on his lucrative commercial conversion.</span></p> <p> </p> <p><span style="font-weight: 400;">Unfortunately, Rohit’s partner in the Alliance Group and fellow Property Entrepreneur Board Member, Roberto Scandian, could not make the podcast.</span></p> <p> </p> <p><span style="font-weight: 400;">Rohit talks through how they met and started working together looking for sites to convert and the project covered is for a row of five shops in Milton Keynes with a former gym above. It had planning to convert the uppers into 4 x 2 bed flats and we discuss how they sourced the property, the issues face with the conversion and their top four tips.</span></p> <p> </p> <p><span style="font-weight: 400;">Here are the numbers:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Purchase price £700,000</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Build costs £390,000</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">End valuation £1,750,000</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Gross profit: £660,000</span></li> </ul> <p> </p> <p><span style="font-weight: 400;">Our January episode of Deals Deals Deals is now live, tune in straight away to avoid missing the boat.</span></p> <p> </p> <p><span style="font-weight: 400;">Success and Failure are both very predictable.</span></p> <p><br /> <br /></p> <p><strong>Want to learn more?</strong></p> <p> </p> <p><span style="font-weight: