Caton Drive
Value-add residential stock
Project Type
Value-add residential stock
| Listed for | £250K |
| Refurb | £42K |
| Bought for | £232K |
| Legals, Other Costs | £9K |
| Sold for | £335K |
| Profit | £52K |
| AirBNB Income | £7K |
The Project
Caton Drive was a probate property project we completed in 2025 and is a good example of the strategic planning we do within our portfolio to keep it diverse and lucrative.
We bought the run down property in Leyland, Lancashire with the vision of it being another family home from the start, due to the demographics of the area.
Outcome
When it came to selling, this property sat on the market longer than we’d have liked – but we made sure not to incur losses during this void period by temporarily listing it on Airbnb and using it as serviced accommodation for contractors working in the local area until the property sold.
From the gallery
Other projects
Grey Walls by Cradel Haus
Grey Walls is our biggest development yet. Sitting in the very heart of Windermere town, we’re developing this once locally loved pub now eyesore, into an elevated 17 bed apart-hotel.
Matterdale Road
Another single let that we wanted to bring back to life. Although it became apparent upon the finish of this project that it was in high demand for contractors and temporary workers in the area as a long-term serviced accommodation. So that is the exit strategy we have made work.
Fair Rigg By Cradel Haus
Our first ever development. We took a dated B&B and transformed it into four self-contained, ultra-luxe holiday apartments. Where it all started.
