Nicholas Wallwork - Property Developer
Nicholas Wallwork - Property Developer
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Bartek’s £19M Property Elevator Pitch
Buy my new book "The Extraordinary Millionaire," here - amzn.eu/d/bpycPlB
Bartek, a builder with refurbishment experience, pitched a £19.7M residential development deal involving 31 houses on a former school site in Camberley, Surrey. The project required £3M for the land, with a total cost of £14.5M and projected profits of £5.16M.
Despite his ambition, the Angels expressed concerns about his lack of large-scale development experience, high risks, and long project timelines. They suggested focusing on smaller deals to build credibility. Bartek left without funding but remained determined to pursue his vision.
#permitteddevelopment #propertyelevator #propertyinvesting #investinginproperty #propertyinvestinguk #propertyexperts #propertyspecialists #planningpermission #coaching #dragonsden #ukpropertyinvesting #propertyinvestor #propertyinvestment #landlord #landlordadvice #landlordlife #entrepreneurlife #finance #money #viral #findingmoney #angelinvestors #angelinvesting #nicholaswallwork #propertydevelopment #propertydeveloper #propertyconsultant #developmentconsultant
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ความคิดเห็น

  • @twistblox
    @twistblox 8 วันที่ผ่านมา

    thank you

  • @jayph77
    @jayph77 13 วันที่ผ่านมา

    Development costs seemed way out, surprised no one queried this.

  • @stuartparry1649
    @stuartparry1649 13 วันที่ผ่านมา

    Looks 4 angels were not using their braines on that pitch. Why takes a risk when you can create time and finalise any planning details before committing. If the planners don't give you want you want, pull out and no one looses. Such an abvious decision.

  • @stevecoles4990
    @stevecoles4990 14 วันที่ผ่านมา

    Hey great video thanks, it would be good to catch up with you for an exploratory chat if you have interest in doing similar I have a property that has just come up for sale which I think would be perfect given your experience. 25/26 bed care home for £900k. Let me know if you would like to chat about a potential JV.

    • @nicholaswallwork
      @nicholaswallwork 13 วันที่ผ่านมา

      Great always keen to take a look… please contact through my website www.nicholaswallwork.com and we can have a chat 👍🏻🙌🏻

  • @thetwitchywarlock
    @thetwitchywarlock 17 วันที่ผ่านมา

    Master degree in yapology

  • @adamgrimsley2900
    @adamgrimsley2900 19 วันที่ผ่านมา

    Aha, great, fabulous

  • @stuartparry1649
    @stuartparry1649 หลายเดือนก่อน

    Damn, 750k all in plus 100k doesn't give you a whole load. Pity this one couldn't be more like 650k. That would have made this project a whole load easier.

    • @nicholaswallwork
      @nicholaswallwork 24 วันที่ผ่านมา

      Couldn’t agree more 👍🏻

  • @wsdconst
    @wsdconst หลายเดือนก่อน

    Drill bit you say, tell me more construction professional

    • @nicholaswallwork
      @nicholaswallwork 24 วันที่ผ่านมา

      A simple slip of the tongue yes… also I’m a developer not a builder… 👍🏻

  • @jeztickles4361
    @jeztickles4361 หลายเดือนก่อน

    That’s the homes under the 🔨 bloke!!

  • @gordonstewart9342
    @gordonstewart9342 หลายเดือนก่อน

    Floor saw and cut concrete first cunt ant got a clue

  • @evzevz06
    @evzevz06 หลายเดือนก่อน

    Next time get a bigger floor saw cut the whole way through the slab and save all that time wirh rebar and the risks of exposed cut rebar. If you floor saw it deep enough the rebar cuts are smooth and the job looks Super clean. Light cut and hitting it with the pecker ends up looking like that

    • @nicholaswallwork
      @nicholaswallwork หลายเดือนก่อน

      You can’t get a floor saw this deep… we needed about 900mm from memory… so much material to remove 😵‍💫

  • @maybeit2579
    @maybeit2579 หลายเดือนก่อน

    It’s a carbon blade . He has no place on a site

    • @nicholaswallwork
      @nicholaswallwork หลายเดือนก่อน

      Thankfully I’m not a builder but a developer and yes a slight slip of the tongue sorry for that 😂

  • @DaleArnold-u3h
    @DaleArnold-u3h หลายเดือนก่อน

    Drills?

    • @nicholaswallwork
      @nicholaswallwork หลายเดือนก่อน

      I meant blade, slip of the tongue 👅

    • @DaleArnold-u3h
      @DaleArnold-u3h หลายเดือนก่อน

      @@nicholaswallwork yeah right 🤣

  • @chrisd8791
    @chrisd8791 หลายเดือนก่อน

    not a diamond drill lol not even a diamond BLADE cheap metal cutting grinder blade..... come on....

    • @nicholaswallwork
      @nicholaswallwork หลายเดือนก่อน

      Yes a slip of the tongue! 🤣

  • @vercyngetorix2010
    @vercyngetorix2010 หลายเดือนก่อน

    Yeash.

  • @Overworkt
    @Overworkt หลายเดือนก่อน

    It's a shame nobody told you that wasn't a drill before rolling!

    • @nicholaswallwork
      @nicholaswallwork หลายเดือนก่อน

      Haha yes a slip of the tongue! 🤣

  • @pauldavies5655
    @pauldavies5655 หลายเดือนก่อน

    i have an idea for a far far better deal --- in fact 2 1/2 times that income for something slightly smaller

    • @nicholaswallwork
      @nicholaswallwork หลายเดือนก่อน

      Sounds like a good deal! This was also about the philanthropy side of things which made it attractive.

  • @Shakeaway1000
    @Shakeaway1000 หลายเดือนก่อน

    The greenscreen quality doesn't fill me with confidence!

    • @nicholaswallwork
      @nicholaswallwork หลายเดือนก่อน

      It’s an extract from an online Zoom webinar 👍🏻

  • @murph6802
    @murph6802 2 หลายเดือนก่อน

    Pair of insufferable idiots. literally not even listening to each other, just waiting for their turn to speak.

  • @jaipennycuick7993
    @jaipennycuick7993 2 หลายเดือนก่อน

    But if you look around now it’s all the same box you could be anywhere and it’s the same

    • @nicholaswallwork
      @nicholaswallwork 22 วันที่ผ่านมา

      It’s a production line of properties that make money 👍🏻

  • @kevocos
    @kevocos 2 หลายเดือนก่อน

    Tonbridge Kent, Waitrose right next door to Iceland.

    • @nicholaswallwork
      @nicholaswallwork 2 หลายเดือนก่อน

      You must know it 😃👍🏻

  • @andrewstotty1146
    @andrewstotty1146 2 หลายเดือนก่อน

    Keep challenging yourself your doing well. Keep going

    • @nicholaswallwork
      @nicholaswallwork 2 หลายเดือนก่อน

      Thanks Andrew! Continually learning and growing 😊

  • @ambia_seoexpert
    @ambia_seoexpert 2 หลายเดือนก่อน

    You channel needs to be updated ❤🎉

  • @ambia_seoexpert
    @ambia_seoexpert 2 หลายเดือนก่อน

    Best of luck

  • @NileshRathi-i1q
    @NileshRathi-i1q 2 หลายเดือนก่อน

    Just ordered the book and look forward to reading it soon.

    • @nicholaswallwork
      @nicholaswallwork 2 หลายเดือนก่อน

      Brilliant thank you! Let me know what you think 🤔

  • @davidcalvert-smith4633
    @davidcalvert-smith4633 2 หลายเดือนก่อน

    Will it be on audible?

    • @nicholaswallwork
      @nicholaswallwork 2 หลายเดือนก่อน

      Watch this space! Hoping to get it on Audible by the end of the year… 💪🏻

  • @jameswalker366
    @jameswalker366 3 หลายเดือนก่อน

    Congrats Nick. Must be a very satisfying. 👍🏻

  • @makyssylla613
    @makyssylla613 3 หลายเดือนก่อน

    How do we get in touch with you? There is not number to contact you.

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      Hey there! You can book a cool with one of my expert team here - bit.ly/4cSld7K

  • @danijohn6010
    @danijohn6010 3 หลายเดือนก่อน

    Thank you very much for the video 🙌🏽. Keep it up 💯

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      Thank you for the feedback!

  • @daviddempsey8721
    @daviddempsey8721 3 หลายเดือนก่อน

    Interesting ideas.

  • @cuteadorablefunnycatclips1527
    @cuteadorablefunnycatclips1527 3 หลายเดือนก่อน

    You've given me a lot to think about.

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      I hope it’s helped 👍🏻

  • @olliec5564
    @olliec5564 3 หลายเดือนก่อน

    Superb video, thank you.

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      I’m glad you liked it ✌🏻

  • @yourtheriver
    @yourtheriver 3 หลายเดือนก่อน

    Really what did you share that gained me any learning for my 7.38 of time?

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      Would love to hear about how we can improve our videos!

    • @yourtheriver
      @yourtheriver 3 หลายเดือนก่อน

      Show me a problem that was solved, show me a calculation that would improve my end valuation. These are items where you 'show the money' experience. To say you need good SE or solicitor, is of no value. Be specific, say this is a good solicitor for this. Too many gurus are vague blaggers which is such a waste of time.

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      Thank you for the great advice. I appreciate it. Maybe check out some of my other videos. they have a lot of technical detail on property development.

  • @williamrichards7081
    @williamrichards7081 3 หลายเดือนก่อน

    I'm glad to find your channel. Subscribed. A question: what are your thoughts on taking on a project which failed and is now up for sale? Details are as follows: it started as a approximately 40 unit housing development a few years ago and only 3 houses were built and sold. These houses are now owner occupied. The remaining lots could be built on pretty easily. Roads are in place but remain unpaved (dirt). Utilities are available with some electric underground throughout the project. All lots are level ground. Currently all homes would need to be on wells and septic systems. However, there is a problem with water. A nearby airport has a PFAS contamination in the local groundwater supply and a plume of the contamination is very near the subdivision. The govt is working on the problem and will currently supply filters for the water. Houses in the area are on wells, not city water at the time and the city would need to extend the water lines about 2.5 miles to reach this subdivision. The remaining lots are available for about $3000-$4000 each and each lot is about 1/3 to 1/2 acre. . Basic houses in the area are selling for $150000 - $170,000 for single story basic homes. There is also the possibility of putting modular homes on these lots. In the area there is also a massive need for "affordable housing". So I'd appreciate and be thankful for your thoughts. Would you pass due to the water situation or give it a try and hope the filters are enough or that the city runs municipal water to the subdivision.. Thank you very much for looking at this.

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      Hypothetically, taking over failed sites is a great opportunity! This one however needs specialist advice from a contamination or water quality consultant. It’s a huge risk and there could be better deals out there. Just because you can fix it doesn’t mean you should… by that I mean if it takes 2 years to solve the problem that’s fine but the finances will often make the deal much less viable for that reason. Being a developer is a lot about lost opportunity cost - get in and get out as time is a lot of money!

    • @williamrichards7081
      @williamrichards7081 3 หลายเดือนก่อน

      @@nicholaswallwork Thanks so much for the reply. I agree with your ideas. The problem here with the PFAS is that it has gotten into the groundwater and they are saying it is likely extremely difficult to get rid of it. Currently the government is giving out water filters they say deals with it but I think the public does not trust the government, so that's why the lots remain unsold. Thanks again.

  • @gsingh144
    @gsingh144 3 หลายเดือนก่อน

    Thanks Nicholas this was a great video and insight into a commercial conversion

  • @joshjfw
    @joshjfw 3 หลายเดือนก่อน

    Yes, safety costs money. What you seem to be saying is that you dont agree with what the professional AOV technichian is stating, or the extra cost. Pressure differential systems are finicky things. Take that risk at your own peril. I hear yhis a lot from business owners and developers like yourself and thatx why Grenfel happened to begin with. Lax attitudes like this.

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      Firstly I take offence at you suggesting I have a lax attitude! Far from it! I pride myself on our extremely high build specifications and safety standards and if you watched the channel you’d see that. What I have an issue with is a random building control officer coming in when the site is 90% finished and deciding he wants another AOV when there are already two on the same floor and we have conducted a fire strategy report which concludes two were fine. The intrusive work, last minute and the way inspectors and sometimes consultants layer on extra protection for themselves at the direct cost of the developer right at the last minute (when they’ve already visited site multiple times) is what I have issue with… needs to be agreed upfront and then it’s perfectly fine and all part of the process and something we can cost out. But requesting one last minute where we had to rip apart a finished flat to install it is totally unacceptable… that’s my issue.

    • @joshjfw
      @joshjfw 3 หลายเดือนก่อน

      Wa wa wa, that's all I'm hearing. Lower profit margins and more work. Whomp whom. Go drive some more property prices up.

  • @effyleven
    @effyleven 4 หลายเดือนก่อน

    Boring.

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      What kind of videos would you like to see?

  • @jayph77
    @jayph77 4 หลายเดือนก่อน

    To be fair pretty standard details.

  • @caidenrogers7474
    @caidenrogers7474 4 หลายเดือนก่อน

    Stop. Just stop.

    • @nicholaswallwork
      @nicholaswallwork 4 หลายเดือนก่อน

      What don't you like about the video?

  • @jameswalker366
    @jameswalker366 4 หลายเดือนก่อน

    Very interesting Nick. Which PM firm do you prefer to use?

    • @nicholaswallwork
      @nicholaswallwork 4 หลายเดือนก่อน

      We use different firms depending on the site and scope of the site. But we also offer most services through our own development management consultancy www.redbrickdm.com if you’d like any help with your sites please reach out and book a taster call using this link - bit.ly/3K12kDm

    • @jameswalker366
      @jameswalker366 4 หลายเดือนก่อน

      @@nicholaswallwork Noted. Thanks Nicholas.

  • @alexcarrproperty
    @alexcarrproperty 4 หลายเดือนก่อน

    Hmo developer in the northwest/midlands here. Does this strategy work here or do construction costs per sq ft outweigh bricks and mortar end values? Or is a investment grade, commercial or hybrid valuation used for refinancing? 50% gross profit on gdv is amazing well done

    • @nicholaswallwork
      @nicholaswallwork 4 หลายเดือนก่อน

      Yes this relies on an investment / commercial valuation to get the uplift… it’s asset managing the site to maximise revenue and thus a higher than average profit margin… build costs for conversion is relatively low too especially when compared to other commercial conversions

  • @tudorgherghel1447
    @tudorgherghel1447 4 หลายเดือนก่อน

    Interesting to know why self contained units would not have given this scheme better figures overall - in any scheme I have carried out, apts with exit on individual leaseholds always work out better. If you’re able to give a breakdown that would be great! Amazing work

    • @nicholaswallwork
      @nicholaswallwork 4 หลายเดือนก่อน

      We’ve maximised the asset for rental income, which gives a higher investment valuation than individual leasehold self contained flats. Combined with the layout of the building and the minimum space standards restricting the number of flats we could get along with the Sedtion 106 payment to the council required for over 9 self contained flats this layout was the optimum for overall profit. Oh, and build costs are a fraction of the cost for this design, keeping all the M&E as it is and central as well as less separation required than for self contained units… hope that helps 👍🏻

  • @RaphaelavanLeer
    @RaphaelavanLeer 4 หลายเดือนก่อน

    I definitely would buy this! Trying to find one as we speak, let’s see…

    • @nicholaswallwork
      @nicholaswallwork 4 หลายเดือนก่อน

      Hey there, if you are serious I can help you find one! Book some time with me and lets get things going - bit.ly/3K12kDm

  • @MartinFoster-gb4ju
    @MartinFoster-gb4ju 4 หลายเดือนก่อน

    Fantastic work guys

  • @JimmyEastwood-c2f
    @JimmyEastwood-c2f 4 หลายเดือนก่อน

    I love the purple vis have one myself, was told to take it off when I worked on Canterbury cathedral

  • @pauldavies5655
    @pauldavies5655 4 หลายเดือนก่อน

    NICE TO SEE YOU BACK ! missed your little videos - do some more please . paul in wales.

    • @nicholaswallwork
      @nicholaswallwork 4 หลายเดือนก่อน

      Thank you! There's so much more to come 👍🏻👌🏻👌🏻

  • @kennethgilby4870
    @kennethgilby4870 4 หลายเดือนก่อน

    He looking for an "angel" to put the money in and take the blame when it all goes wrong

  • @RaphaelavanLeer
    @RaphaelavanLeer 4 หลายเดือนก่อน

    Cracking numbers! I’m currently sourcing a derelict care home for a client… maybe for your next video who knows :-)

    • @nicholaswallwork
      @nicholaswallwork 4 หลายเดือนก่อน

      Thank you! It really is a superb project. If you need a hand with your deal then feel free to connect with me via the link in the description. Always keen to add value.

  • @motow3031
    @motow3031 5 หลายเดือนก่อน

    Property investment I is low hanging fruit. Unproductive

    • @nicholaswallwork
      @nicholaswallwork 4 หลายเดือนก่อน

      I'm not sure property is particularly low hanging fruit... especially the multi million pound developments!

  • @Kantarigan_MC_Group
    @Kantarigan_MC_Group 5 หลายเดือนก่อน

    Timber-framed houses are deemed unmortgageable because they are difficult to insure and are seen as susceptible to dampness and fire risk, leading mortgage lenders to refuse them as security. Therefore, they are viewed as a higher insurance risk.

    • @nicholaswallwork
      @nicholaswallwork 3 หลายเดือนก่อน

      This is partly true (especially historically) but the market has changed and many lenders now lend on timber framed houses actually…