Inside a Prime Property Development Bought Out of Receivership

➢ Video sponsored by Joelson LLP ➢ Joelson are offering 10 FREE one-to-one property legal consultations. Get in touch with Joelson today at [email protected] or submit a form through the link below: https://joelsonlaw.com/contact/real-e... Join me as I visit Waqas and Sheetal, founders of Nova Developments London, at their exciting new development site in the prime location of East Dulwich. Bought out of receivership at an excellent price, this project will deliver four modern flats with an estimated GDV of £2.2 million. We discuss the condition of the site when they acquired it, how far the previous developer had progressed, and what it really takes to buy property out of receivership successfully. They also explain the importance of thorough due diligence, how they reduce risk by securing buyers before construction is complete, and how they fund their developments through family offices. If you're interested in property development, property investing, or learning how experienced developers structure profitable deals, this is a video you won't want to miss.