Burnham

Completed February 2022

Former Bank to 3 x Flats

Value of works

£160,000

Purchase date

August 2021

Timeline

BEFORE

We bought a commercial property which used to be a popular and busy Nationwide Building Society branch in the heart of a Buckinghamshire village. However following COVID and 3 lockdowns people in this village adapted well to online banking and reducing footfall. Nationwide made the decision to close the branch December 2020. Prior to Exchange of contracts we put planning for 1 x studio apartment on the second floor and 1 x two bedroom apartment on the first floor.

AFTER

Originally the plan was to retain the entire ground floor as a commercial unit, however we identified an opportunity to convert this deep shop and retain the “Zone A” area as commercial use to achieve a higher valuation. Zoning is traditionally used for valuing retail property, specifically high street units where the retail frontage is particularly valuable. We then waited until after September 2021 to apply to convert the rear of the building into a 1 x one bedroom flat (due to it being in a conservation are) through the new Class MA rules, and retained the frontage as a commercial unit, which due to its rateable value, has no business rates payable which made it attractive for small businesses to occupy.

Our reviews speak for themselves

As a student finding something nice within the budget is extremely hard. But I am glad to say that I had the best experience with Savoys Properties. Sunny was extremely helpful and accommodating.

The whole experience was very pleasant and I’d recommend using their services any day. They are extremely professional and my whole process went really smoothly. I’m extremely grateful and thankful especially to Sunny.

Leann Pereira

4 Months Ago

I have used Savoys Developments who successfully sourced, project managed and built my 6 Bed HMO and I have now transitioned over to Savoys Properties who now fully manage my property.

I would recommend their services to other investors who are looking for a fantastic return with very little effort required. I was amazed with the teams knowledge and expertise and after seeing their progression on instagram of the last few years I have given it a shot with them and I haven’t looked back!

Luis Singh

4 Months Ago

I really like my en-suite as it is manageable and affordable for me as a student. I like the package they have offered me and their management is outstanding.

I haven’t had any problems living so far and if there has been an issue in past months they’ve been quick to resolve. I would highly recommend the living especially for international students!

Jiya najeeb

2 Months Ago

We have been working with Savoys Properties for some time offering them our Virtual Tour and Inventory services and they are one of our favourite clients.

They are one of the best developers in high end HMO and commercial conversions we have seen, they produce amazing quality spaces of which I have attached a few images to share.

If you are an investor looking to enhance your portfolio I would recommend speaking with the team at Savoys Properties who are dedicated in creating bespoke, high end and tailored made properties.

Mytoor Explore

2 Years Ago

I am a Litigation officer within the Commercial and Residential Property Industry and have been  for 15 years. I am a homeowner and own several properties myself. During the pandemic I was in search for weekday accommodation near my office. Savoys are the most Caring, Polite, Professional and Transparent property developers and Real Estate management company,  I have ever dealt with, personally and professionally. They provide a service that money cannot buy. From the Directors, the Management and Front Line staff and the contractors...truly truly Amazing....Savoys... Thank you so much   Quality at it’s best, you always have your tenants interest as 1st priority, that is rare in these times. ❤️🙏

Alpac Pacino

1 Year Ago

Over the past 4 years, I commissioned Savoys on projects to manage the sourcing , procurement, renovation and fit-out of 2 properties, converting them to 6-bed HMOs.

Thoroughly impressed by the excellent results they delivered, on time and on budget, I then opted for their services to fully manage these same properties.

Their management services have been equally professional, delivering quality tenants, minimising void periods and maintaining the HMOs to a high standard through a hands-on approach and an excellent network of local tradesman. Keep up the good work!

Jazz Bhangu

6 Months Ago
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187 Reviews

Recent Press

With a range of interviews, podcasts, video series and award announcements, see our latest press releases.

Award

Official Judges for Property Investor Awards

We are pleased ot confirm that Sanjay Kumar and Malkit Purewal of Savoys Properties are now official judges of the Property Investor Awards. Between 2020 to 2022 us at Savoys Properties have been finalists in 18 categories and winners of 3 Awards.

Interview

How To Get Started In UK Property Development | Savoys Properties

How do you realistically get into Property Development? Is it as easy as so mentors/educational companies make out? Well in this episode I interview Malkit & Sanjay, founders of Savoys Properties the aware winning property developers!

Event

Saracens StoneX Stadium

We had over 200 people attend our Q4 2022 event! In collaboration with Shawbrook Bank & Saracens Rugby Club, we hosted our last event of 2022 at the beautiful StoneX Stadium. From the beginging we found to be successful in property you need to identify what you needed to do and who you needed to meet to make it happen. It was as simple as that!

BRRR Series

CPC Finance B.R.R.R Property Journey: Malkit and Sanjay - Reading Property (Episode #1)

Karl Griggs, Co-Founder and Director of CPC Finance chats with Sanjay Kumar and Malkit Purewal from Savoy’s Properties.