The Progressive Property Podcast Property Developer Reveals The Perfect Strategy For Commercial to Residential Conversions & Gaining Planning Permission
“This is a golden era for small scale property developers"
Kevin is joined by Martin Gaine, a chartered town planner . They discuss the opportunities to be gained in property, including commercial to residential conversions and why recent changes in planning laws can now help you tremendously in your property journey.
Discover how tens of thousands of ordinary brits are quietly getting rich with minimum investment!
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How to Get Planning Permission is available on Amazon here: https://amzn.to/3xaxFLh
Facebook & Instagram: martintheplanner
Linkedin: Martin Gaine
KEY TAKEAWAYS
- In principle there should be no mystery around planning restrictions but in practice, there are methods that can be used to make planning to be more likely. And this is where Martin has always benefitted as he previously worked in and with a council.
- Even if you manage to get something cheap, if you then can’t do what you want it is a waste of money. So Martin always advises to buy ‘subject to planning permission’ via an option agreement.
- We are in a housing crisis, the government do not have too many options which is why many permitted development rights have been relaxed by this current government.
- There have been some key changes recently that help small scale developers including ‘Class MA’ a permitted development right to convert town centre commercial premises into flats and residential dwellings without full planning permission.
- You can make big money but working smart in higher value areas/locations. This why it shouldn’t always be a ‘race to the bottom’ in property.
- If you already own property, there is likely to be hidden value you haven’t thought about. For example, it’s worth looking into the new changes in adding floors to existing properties – this could dramatically increase your investment value.
BEST MOMENTS
“You have an insider, expert knowledge of what they are looking for”
“Once you’re in the game opportunities come to you”
“Now is the time to grasp this opportunity”
VALUABLE RESOURCES
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
CONTACT METHOD
https://www.facebook.com/kevinMcDonnellProperty/
https://kevinmcdonnell.co.uk/