Life Less Ordinary

Developer acquires two office-to-residential sites

Life Less Ordinary has grown its development portfolio after acquiring two new sites with a combined GDV of £25m in London and Surrey.

The boutique developer — a specialist in office-to-residential conversions — plans to deliver over 70 new homes utilising permitted development rights and further development of airspace.

The conversion of Vale House (pictured above), in Reigate, Surrey, aims to create up to 46 one- and two-bedroom homes by reconfiguring the existing building, as well as a further six new homes by developing the airspace above.

It will provide communal facilities, including extensive off-street parking and landscaped gardens to the front.

Alexander House in Ruislip was purchased with the help of ADS Real Estate Advisors.

The building will retain 2,000 sq ft of commercial space on the ground floor and has prior approval for 23 one-bedroom apartments — however, it will shortly undergo a minor material amendment in planning before construction begins.

This is the fifth site in the wider Ruislip area that Life Less Ordinary has acquired in the last three years, with nearly 160 new homes already delivered or in construction at the existing four sites.

Construction for both sites will commence over the next few weeks, with completion expected in the summer of 2021 for both developments.

Hinesh Chawda, director at Life Less Ordinary, said: “We are delighted to have acquired Alexander House and Vale House, both of which are exceptionally well located, allowing us to provide much needed new apartments for first-time buyers.

“Both acquisitions are further testament to our business model of undertaking successful office-to-residential conversions to deliver functional, high-quality new homes for first-time buyers, and reflect great confidence in our team, our end product, and our approach to development.”  

Anthony Sidoli, director at ADS Real Estate Advisors, added: “We’ve been working with the team at Life Less Ordinary for some time, and were delighted to acquire Alexander House on their behalf.

“Their successful track record of office-to-residential developments in the local area, which is undergoing significant improvement, means they are best placed to respond to the continued appetite for new homes in Ruislip.”

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