Ashbourne Road

Project Overview

Location: Ashbourne Road, Derby

Property Type: Two-Bedroom Residential Home

Purchase Price: £170,000

Build & Fees: £160,000

Gross Development Value: £405,000

Status: Complete

Timeline: 4-month transformation

Deliverables: 6-bedroom high-specification HMO

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Partnership for Property Enhancement

The Ashbourne Road project showcases The Berry Group's expertise in delivering exceptional property development services for independent investors. Working closely with a private owner, we transformed an ordinary two-bedroom property into a high-performance six-bedroom HMO that more than doubled its value while significantly enhancing its rental potential.

This project exemplifies our commitment to helping property owners maximise returns through strategic renovations and extensions. By applying our comprehensive development expertise to individual investor projects, we enable clients to achieve results typically associated with larger development companies while maintaining personal control of their investments.

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Comprehensive Spatial Transformation

Our approach to the Ashbourne Road property centred on a coordinated two-part expansion strategy designed to maximise liveable space while maintaining quality:

The single-storey rear extension created valuable additional ground-floor living space, enhancing communal areas essential for successful HMO operations. Our design team ensured this new space integrated seamlessly with the original property while improving connection to outdoor areas—a necessary consideration for tenant satisfaction and retention.

Simultaneously, the complete loft conversion with a dormer unlocked previously unused space created additional bedrooms with distinctive character.

Together, these interventions tripled the property's bedroom count while maintaining well-proportioned living spaces, striking the ideal balance between maximising rental units and ensuring the property remains attractive to quality tenants.

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Elevating Quality to Drive Returns

Where many HMO conversions focus purely on maximising unit numbers, our approach for Ashbourne Road emphasised quality as the key driver of enhanced returns. Working with the owner, we identified specific high-specification upgrades that would differentiate the property in the competitive rental market:

• Premium-quality bathroom fixtures that significantly exceed standard rental property specifications

• Enhanced kitchen facilities designed for shared use with durable yet attractive finishes

• Superior flooring solutions throughout that balance aesthetics with long-term durability

• Energy-efficient systems that reduce operating costs while enhancing environmental performance

This focus on quality enabled the property to command premium rental rates while attracting responsible, longer-term tenants, factors that significantly enhance investment returns beyond the immediate increase in property value.

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Efficient Project Delivery

As a construction company near me for many Derby property investors, The Berry Group understands the importance of minimising renovation timelines to accelerate return on investment. Completing the entire Ashbourne Road transformation within just four months demonstrates our exceptional project management capabilities and commitment to efficiency.

This accelerated timeline was achieved through several key factors:

• Clear communication protocols with the property owner to facilitate rapid decision-making

• Efficient procurement strategies that prevented material delays

• Optimised trade sequencing that eliminated downtime between construction phases

• Rigorous quality control procedures

This efficiency reduced holding costs during renovation and allowed the property to generate enhanced rental income sooner - a critical consideration for independent investors focused on cash flow optimisation.

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Value-Engineering Expertise

The financial metrics of the Ashbourne Road project demonstrate The Berry Group's ability to create exceptional value through intelligent property development. With a building cost almost identical to the property's purchase price (£160,000 vs. £170,000), we more than doubled the asset's value to £405,000 - creating £75,000 in pure value creation beyond the combined investment.

This impressive return was achieved through careful value engineering that balanced cost control with quality outcomes:

• Strategic structural interventions focused on maximum space creation with minimum disruption

• Material selections that prioritised durability and aesthetic impact over unnecessary luxury

• Efficient space planning that maximised bedroom count without compromising quality

• Focus on enhancements with proven impact on rental values and tenant attraction

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Conclusion: Expert Delivery for Independent Investors

The Ashbourne Road project exemplifies The Berry Group's ability to apply professional-grade property development expertise to individual investor projects, creating exceptional outcomes through strategic vision, technical excellence, and efficient execution.

For property owners seeking to maximise the potential of their residential assets, this project demonstrates the transformative impact of working with experienced commercial property development specialists who understand both the technical requirements and market dynamics of successful HMO conversions.

The project stands as compelling evidence of The Berry Group's versatility. We deliver the same quality and value creation for independent owners as for our larger in-house developments, with a client-focused approach that emphasises partnership and communication throughout the development process.