Join ZEN Properties for an exclusive site tour of “almost” completed office-to-flats conversion in Mawsley. Walk the deal, review real numbers, and learn how commercial conversions stack up—from small projects to large-scale developments.
Agenda
13:00 – Arrival & registration
Meet at the on-site car park
Light networking and introductions
13:15 – Inside site tour
Guided walkthrough of the completed office-to-residential conversion
Layout, specification, and design decisions explained on site
14:00 – Small conversion: process, numbers & tips
Presentation by Mac Deryng (Founder, ZEN Properties)
End-to-end conversion journey
Key lessons learned
Real-world numbers and returns
14:30 – Big conversion: doing what Mac does — with more zeros
Presentation by Jack Jiggens (XP Property)
Scaling the same strategy into larger commercial projects
Funding structures, risk management, and execution at scale
15:00 – Q&A session
Open discussion on planning, finance, construction, and strategy
16:00 – Liquid lunch at a local pub
Optional informal networking
Deal chat, food, and drinks
How to Get There
Location: Mawsley, Northamptonshire
Google Maps link:
https://maps.app.goo.gl/PBGYPkVU6BiMJWG89
Parking
Ample on-site parking available
No permits required
Numbers
Purchase & development
Purchase price: £120,000
Development cost: £135,000
Legals & surveys: £60,000
Finance costs: £37,000
Total development cost: £352,000
GDV: £450,000
Loan-to-value (LTV): 75%
Refinance funds: £337,500
Money left in deal: £14,500
Rental performance
Monthly rental income: £2,880
Monthly mortgage: £1,500
Monthly costs (service charge, insurance, voids): £400
Monthly profit: £980
Annual profit: £11,760
Return on capital (annual profit ÷ money left in): 81%