{"id":28542,"date":"2026-03-26T16:00:37","date_gmt":"2026-03-26T16:00:37","guid":{"rendered":"https:\/\/www.franchiselocal.co.uk\/news\/?p=28542"},"modified":"2026-03-26T15:14:31","modified_gmt":"2026-03-26T15:14:31","slug":"how-jamie-secured-a-london-development-set-to-make-him-75k","status":"publish","type":"post","link":"https:\/\/www.franchiselocal.co.uk\/news\/how-jamie-secured-a-london-development-set-to-make-him-75k\/","title":{"rendered":"How Jamie secured a London development set to make him \u00a375k!"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>Sourced Property Partner Jamie joined in 2020 from a background in marketing, with no prior development experience. Fast forward six years, and\u00a0he\u2019s\u00a0now secured an exciting London development project, turning unused loft space into a high-value asset in one of the UK\u2019s most competitive markets.<span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>He\u2019s\u00a0taken the top floor of a building already home to four apartments and is planning to transform it into a two-bed, two-bath flat with a roof terrace, a premium product in a prime location.<span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>What\u2019s\u00a0even more impressive is how he made it happen. Using the skills he learned through Sourced training and induction, Jamie researched the area, studied what other developers were doing, and spotted a clear gap. He then approached the owners directly, pitched the opportunity, and negotiated a deal that worked for everyone involved,\u00a0securing it on an option agreement prior to getting planning granted. This latest project is the product of his journey with Sourced, combining experience, confidence, and a proven blueprint to secure a below-market-value deal in a high-demand London location.<span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>And the numbers speak for themselves:<span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li>Purchase price \u2013 \u00a3155,000<\/li>\n<li>Build costs \u2013 \u00a3200,000\u2013\u00a3220,000; +\u00a0extras<\/li>\n<li>GDV \u2013\u00a0\u00a3630,000<\/li>\n<li>Est. total profit \u2013 \u00a3150,000<span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<p>The project is being delivered as a joint venture with an investor Jamie originally met through the Sourced network, sharing both the workload and the reward.<span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>He\u00a0didn\u2019t\u00a0just find a deal, he created one. From sourcing the opportunity to negotiating terms and even adding value for the building owners with improvements to communal areas; this is a smart, well-structured project from start to finish.<span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>This is exactly what the Sourced model is built for. The tools, support,\u00a0training\u00a0and network all come together to help Partners progress with confidence and land deals just like this.<span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>If\u00a0you\u2019re\u00a0ready to build a property journey like Jamie\u2019s, enquire today and see\u00a0what\u2019s\u00a0possible with Sourced.<span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sourced Property Partner Jamie joined in 2020 from a background in marketing, with no prior development experience. Fast forward six years, and\u00a0he\u2019s\u00a0now secured an exciting London development project, turning unused loft space into a high-value asset in one of the UK\u2019s most competitive markets.\u00a0 He\u2019s\u00a0taken the top floor of a building already home to four [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":28543,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[930,929],"tags":[],"class_list":["post-28542","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sourced","category-investment-franchises"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2026\/03\/image-1-2.webp","_links":{"self":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/28542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/comments?post=28542"}],"version-history":[{"count":1,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/28542\/revisions"}],"predecessor-version":[{"id":28544,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/28542\/revisions\/28544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media\/28543"}],"wp:attachment":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media?parent=28542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/categories?post=28542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/tags?post=28542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}