St Andrews Road South
- Project Value: 1 Million GBP
- Number of Units: 11
- Refurbishment: Full Interior & Exterior
- Project Status: Sold to Investor
- Completion : September 2017
37-39 St Andrews Road South – St Annes – Commercial Conversion.
The property comprises of 1 x commercial unit and 10 x Residential units.
Fabrik acquired the property for an investor in Q2 2017, refurbishment to the property commenced in July 2017,
completion of the project will be end of September 2017.
The project value is CIRCA £1,000,000.00 GBP
The property comprises of:
1 x Commercial Unit – Ember & Vine Gastro Restaurant (Opened September 2017)
1 x 3 Bedroom Apartment
3 x 2 Bedroom Apartments
6 x 1 Bedroom Apartments
The project is buy-to-let with the annual yield @ 12.4%
The refurbishment has been completed to high standard throughout and all units have tenants waiting completion.
In addition to the internal refurbishment we have also renovated the outside of the property and plans are in pace to
resurface the car parking area in Q4 2017.