When Rick received a letter about his plot of land in 2023, he had no idea it would lead to a longer-term investment partnership. But that’s exactly what happened after he experienced our efficient, straightforward approach. One land deal and two sustainable properties later, Rick is a fully subscribed member of the Pearcroft investor fan club.
Getting off to a good start
Rick owned the land for Sunderland Avenue and had planning permission. We recognised the potential and approached him with a fair price and attractive offer to handle all the work for him.
Rick explains “I checked their website first and was impressed by their market positioning. After the initial chats, what stood out was how approachable Kevin was and how quickly they made decisions.”
For many landowners, selling and developing a plot can be a drawn-out process, including lots of people and filled with uncertainty. Rick’s experience with Pearcroft was different. “They made a reasonable offer and moved fast to close the deal. Everything was straightforward and efficient – they did exactly what they said they would.”
Exceeding Expectations
From our initial contact with Rick, we were on-site demolishing the previous property within two months and we completed the build in seven months.
With our sustainable focus, we upgraded the design to include air source heat pumps, MVHR, solar panels, batteries, EV charging points and instant hot water throughout the houses to target net zero energy emissions. This was one of the first properties where we introduced our 5-year zero bills promise too.
“Pearcroft didn’t just build what was planned – they improved it,” Rick explains. “They enhanced the design significantly. The front elevation looks much more attractive than the original design, and the sustainable features and internal finishes add real value for potential buyers.”
From Land Sale to Investment Partner
So, why did Rick become an investor? Apart from appreciating the potential with numbers, Rick appreciated our capabilities and scale of ambition. On our regular project catch ups, we happened to mention another site we’d found, and it piqued Rick’s interest. He considered other investment opportunities, including buying a house with renovation potential, but he decided to partner with us on our Maidenhead development. Quite simply Rick said, “the numbers made sense, and I could see the potential.” And it’ll be much easier leaving the heavy lifting to our expert team instead of getting his own hands dirty.
The Pearcroft Difference
“I’m very happy with my relationship with Pearcroft. They don’t waste any time, make everything easy. Everything is focused on delivering quality sustainable homes, efficiently.”
This commitment to sustainability and our efficient and personable approach made the real difference to Rick. Plus, it makes us an attractive partner for other investors looking for hands-off property development opportunities.
- Strong returns on investment.
- Minimal time and effort required.
- Clear, realistic timeline for completion and returns.
Rick’s journey from landowner to investor shows how we build lasting partnerships. Kevin says, “it’s great working with Rick. We appreciate him and really like doing business with him, so we’re thrilled he’s now reinvesting with us.” By being honest, efficient and having an unwavering focus on quality, we create opportunities that work for everyone – landowners, investors, homebuyers, and the environment.
Invest with Pearcroft
Email or give Martyn a call on +442070888196 to find out how you can profit from property while making sustainable history.