Property development funding

Our mission is to begin our own Luxury Property “Buy-Renovate-Sale” portfolio, in Salford and Manchester area.

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This project will only be funded if at least £100,000 is pledged by 5:19pm 15th June 2017

Diamond Angel Home Services LTD (DAHS).

Project Background and Description

It is a company that provides basic services to domestic and commercial. We call basic, the tasks that people need to do daily or every short period of time. An example of this can be:

  • Property renovation.
  • Painting & Decorating.
  • Cleaning.
  • Garden maintenance.
  • And much, much more.

These basic tasks, on occasion can be a hard work for some people with a lot of work, disability, or simply because they dislike. That's why we are here, to help and bring peace to your mind and your home.

Our mission is to begin our own property “Buy-Renovate-Sale” portfolio, with our own capital. We have already worked as a contract for a long time with different investors and we are convinced that in the last 3 years, we have reached the necessary knowledge for “Diamond Angel Home Services LTD” to take new directions.  

Our differentiation is our network, which allows us to acquire the best staff and products of the British market at the best prices. This allows us to deliver a high-quality finish, and visually luxurious property inside and out.

Project Scope

In the last 5 or 10 years, changes in modern society have influenced the way in which we want to live. There is no doubt that in the UK, people prefer to spend £5000 on a new kitchen unit, and then order a takeaway; because the work style does not allow them to spend the desired time to prepare their own meals, but at least they have the satisfaction of having a home with the desired style conditions.

Considering this, we ask ourselves:

  • Why not create a group of professionals, capable of providing a high-quality properties DIY and renovations services for domestics and commercials customers?
  • Why not create our own “Buying-Renovation-Selling” properties portfolio, with high quality structural finish and decoration?

Having this into account, we ask:

*If we create a team of 3 to 5 professional builders, with multi-tasking features, then, we can renovate a full property of 2 to 3 bedrooms every month.

High-Level Requirements

Our working system allows us to:

  • Ability to renovate a property in just 30 working days.
  • Ability to deliver a high-quality luxury finish and decoration.
  • Ability to produce more profits per property than a large company.

Small Kitchen Ideas Heywood trader

Cost.

Monthly operational Budgets: DIY & Maintenances.

 

Budget

Actual

Variance

Variance %

Income

       

Business financial grant

10.000

0

0

100

total

10.000

0

0

100

Expenditure

       

Staff wage

2.400

0

2.400

100

Transport

450

450

0

0

Tools

150

150

0

0

Banks fees’

50

50

0

0

Telephone/internet cost

50

50

0

0

Marketing

0

0

0

0

Offices rent

0

0

0

0

Insurance

750

0

750

100

Office equipment’s

550

550

0

0

Total

4400

1.250

3.150

-71.5%

         

Surplus/Deficit

5.600

1.250

4.350

-77.6%

Monthly operational Budgets: Property renovations.

 

Budget

Actual

Variance

Variance %

Income

       

Business financial grant

100.000

0

0

100

total

100.000

0

0

100

Expenditure

       

Mortgage

10.000

0

10.000

100

Landlords fees

2% + VAT (2.4% inc VAT) of the agreed sale price.

4500

0

4500

100

Staff salary

9600

0

9600

100

Materials

9500

0

9500

100

Transport

450

450

0

0

Tools

150

150

0

0

Banks fees’

50

50

0

0

Telephone/internet cost

50

50

0

0

Marketing

400

0

400

100

Offices rent

0

0

0

0

Insurance

750

0

750

100

Office equipment’s

550

550

0

0

Total

36.000

1.250

34.350

95.4%

         

Surplus/Deficit

64.000

1.250

62.750

98.04%

Specific task from Scope

the service consists of delivering high quality renovation and decoration to properties with two bedrooms on average.

First week after bought:

  • Clear out before renewal.
  • Remove units if necessary (Kitchen unit, bathroom unit, floors, etc.)
  • Walls & doors preparation (plaster board, doors frame, etc.)
  • Electricity check, Rewiring if necessary.
  • Plumbing check and heating check, replace if necessary.

Second week:

  • Plastering.
  • Doors replacement if necessary.
  • Windows replacement if needed.

Third week:

  • Electrical connection units (cocker, extractor fan, washing machine, dishwasher.
  • Ceramic tiles.
  • Boiler and heating replacement if necessary.
  • Kitchen unit
  • Bathrooms unit.

Fourth week:

  • Painting.
  • Floors (laminate, carpet, synthetic, tiles, etc.)
  • Cleaning after renovation.
  • Marketing (letting agencies)

Implementation Plan (following link to see full project)