Refurbishment
At "exchange of contracts", we provide a detailed specification for refurbishment and furnishing requirements. This ranges from structural works through to the last cushion and teaspoon. We provide a fixed price quotation which should not exceed our initial estimate at short list stage.
Residential property in prime London Central is usually held for a long period of time, either by second homeowners or as a rental investment. It may therefore be "tired". New property may only be done to a "developer’s specification", superficially well presented, but not set to fulfil the requirements of a corporate tenant.
By refurbishing the property at the outset of the investment, the investor can factor the budget into his calculations. This will also create an immediate capital uplift andmaximise rental returns.
Completing the works on time and to budget is an essential part of the investment equation. LCP intensively manage the project to ensure this.
