Fast forward six years, and he’s now secured an exciting London development project, turning unused loft space into a high-value asset in one of the UK’s most competitive markets.
He’s taken the top floor of a building already home to four apartments and is planning to transform it into a two-bed, two-bath flat with a roof terrace, a premium product in a prime location.
What’s even more impressive is how he made it happen. Using the skills he learned through Sourced training and induction, Jamie researched the area, studied what other developers were doing, and spotted a clear gap. He then approached the owners directly, pitched the opportunity, and negotiated a deal that worked for everyone involved, securing it on an option agreement prior to getting planning granted. This latest project is the product of his journey with Sourced, combining experience, confidence, and a proven blueprint to secure a below-market-value deal in a high-demand London location.
And the numbers speak for themselves:
▪ Purchase price – £155,000
▪ Build costs – £200,000–£220,000; + extras
▪ GDV – £630,000
▪ Est. total profit – £150,000
The project is being delivered as a joint venture with an investor Jamie originally met through the Sourced network, sharing both the workload and the reward.
He didn’t just find a deal, he created one. From sourcing the opportunity to negotiating terms and even adding value for the building owners with improvements to communal areas; this is a smart, well-structured project from start to finish.
This is exactly what the Sourced model is built for. The tools, support, training and network all come together to help Partners progress with confidence and land deals just like this.
If you’re ready to build a property journey like Jamie’s, enquire today and see what’s possible with Sourced.
Author
Chris Kirkwood
