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The Nursery, a completed home in Gillingham, Kent
Case Study

The Nursery

Turning two plots into a £1m debt free asset

LocationThe Nursery, Dunn Street, Gillingham, Kent ME7 3ND
SchemeFour new houses, planning granted
Drawing ReferenceFH01/0122
Dated21/01/2022
The Story

A Better Way to Unlock the Last Plots.

Planning was granted for four identical four bedroom homes at The Nursery.

Mr and Mrs Rogers had already built the two plots at the back and still live in one of them. At 62 and 60, they had no interest in taking on more borrowing or more risk to build out the two front plots themselves.

Each front plot was worth about £350,000, so the plan was just to sell them. The trouble with that is you end up with a stranger building right next to your house, with no say over how it is finished and no idea when it will be done. This was still their home.

Option One stepped in with a better solution.

We removed the risk, delivered the build, and created a life changing outcome.

Site plan and elevations for The Nursery
Approved site plan and elevations
The Deal Structure

A Simple, Risk Free Exchange.

Mr & Mrs Rogers Landowners
Completed home worth £1,000,000 handed over (Plot 2, Oak Lodge)
Plot 1 transferred to Option One
Option One Funding & Delivery

So instead of selling to an outside builder, they let us fund and build Plot 2 at our own cost and our own risk, finished to the same standard as the rest of the site and to a fixed timeframe. In exchange for Plot 1, they were handed the keys to a completed home worth £1,000,000, and never had a stranger building beside their home.

During the Build

Every Bit of It Handled by Us.

Steel frame and foundations going in at The Nursery, Gillingham
Steels and foundations
Blockwork and retaining walls under construction at The Nursery
Blockwork under way
Ground floor deck complete across the plot at The Nursery
Ground floor deck complete

Every stage was paid for, managed and built by us. Mr and Mrs Rogers did not lift a finger, did not borrow a penny, and did not carry a single day of risk.

The Outcome

Same Land. A Far Better Result.

£1,000,000 Completed home handed over (Plot 2, Oak Lodge)
£300,000 Uplift over market value
Zero Risk No borrowing. No construction risk. No stress.
Debt Free Asset A £1m unencumbered asset retained by the landowners.
Ongoing Value

The property is now rented for £4,000 per month, which gives them an income in retirement and something solid to pass on.

We didn’t want the debt, the risk or the stress. Option One gave us a solution we didn’t even know was possible.

Mr and Mrs Rogers, Landowners
See It For Yourself

The Finished Development.

A full walk through of the site, the build and the finished homes.

Better Structures. Better Outcomes.

We Create Value Where Others See Challenges.

Risk Removal
Value Creation
Flexible Structures
Aligned Outcomes
Your Land Could Be Next

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Frazer at Option One