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Hartfield Road SW19

The Client here was the leaseholder of a first floor, 1 bedroom flat in Wimbledon who proposed to convert the loft space with an L-Shaped extension into a further 2 bedrooms and bathroom. She also owned a share of freehold and with the other share of freeholder on good terms, Peter Barry were instructed to undertake a single joint expert report.

Architectural plans and a quote from a local contractor had already been obtained and an inspection of the property was undertaken. Analysis of similar 1 bedroom flats concluded that the existing value of the property was £500,000 and £650,000 once work was complete:

Subject as Existing:
62 m² / 667 ft²
Ground Floor Flat, 115 Russell Road SW19:
£525,000: 56m² / 603 ft²
First Floor Flat, 192 Hartfield Road SW19:
£498,000: 61m2 / 657 ft²
Subject as Proposed:
98 m²/ 1,059 ft²
Ground Floor Flat, 127a Graham Road SW19:
£613,000: 89 m²/ 958 ft²
First & Second Floor Flat, 75a Gladstone Road SW19:
£635,000: 79m²/ 850 ft²

The uplift in value as a result of the works was concluded to be £150,000. From this was deducted, build costs and professional fees to give a profit of £75,550. It would be typical to make deductions for risk with higher amounts for more risky projects.

This was ultimately a typical and straight forward scheme, so 10% was deemed appropriate. With the Client owning a share of freehold, the final compensation figure was £17,000.

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Kyle Bean

Very thorough and professional with surveying and drawing up our party wall agreement. Would recommend.

Ronnie Cruwys

Professional, friendly and helpful practice - happy to recommend Peter Barry Surveyors.

Nuvmarcs Limited

I recently instructed a Peter Barry Chartered Surveyors (RICS Independent Valuer) to provide valuations for two of my properties for lease extension purposes, and I was extremely impressed with the service received. The valuation reports were completed promptly and professionally, with excellent communication throughout the process. What stood out most was the clear and practical advice provided regarding the expected lease extension premium, taking into account the current ground rent provisions contained within the leasehold documentation. The valuer demonstrated strong expertise, explained the implications of the ground rent clauses in an easy-to-understand manner, and gave realistic expectations of the likely premium payable. I would highly recommend their services to anyone seeking a knowledgeable, efficient, and reliable RICS lease extension valuer.

Georgie Dighero

I would be very happy to recommend the team at Peter Barry Surveyors. They successfully managed the initial Party Wall Awards for my renovation project under significant time pressure, ensuring everything was completed efficiently and professionally. When a further Award became necessary later in the project, they handled the process smoothly and diligently and kept matters progressing as swiftly as possible. During what has been a complex and lengthy renovation, they have provided invaluable advice and guidance. Their willingness to help, answer questions and share their expertise has been hugely reassuring and has undoubtedly helped the project run more smoothly. The team has been professional, knowledgeable, responsive and practical throughout. I would not hesitate to use them again and would gladly recommend them to others.

Thomas Dickson (TomMusic)

Efficient work and clear communication throughout. Excellent firm with no complaints with the service I received.

Keji Belgore

Our experience was great. Time was an important factor for us and Callum made efforts to make the process as swift as possible. The team was professional throughout!