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Bayham Street

Development of 6 new build flats

Development of 6 new build flats

81 Bayham Street, NW1

Situated in the heart of Camden, close to Central London, Hayat developed a 5 storey new build mixed-use scheme providing a ground floor commercial space and six residential units.

Problem

The site, located in Camden, was in receivership and only partially constructed when Hayat acquired it in January 2022, presenting both legal and structural challenges.

Solution

Hayat carried out extensive remedial work to complete the 5-storey mixed-use building, which included commercial space and six luxury flats. The property was successfully sold to a freehold investor in September 2022.

 ROI: 45%

GDV: £4,000,000

Purchase Price: £2,200,000

Build Cost: £750,000

Hayat acquired a distressed Camden site for £2.2 million, completed £750,000 in remedial work, and sold the finished 5-storey mixed-use development for £4 million.

The project delivered a 45% return on investment.

The project delivered a 45% return on investment.

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Shaping the future
of London’s real estate.

239 Kensington High Street London W8 6SN England United Kingdom

Hayat © 2024

Shaping the future
of London’s real estate.

239 Kensington High Street London W8 6SN England United Kingdom

Hayat © 2024