Part 6/7:
Once demolition completed, new construction began. Unfortunately, the process was far from smooth. The initial contractor faced financial difficulties and ultimately went bust, which caused significant delays and financial loss amounting to a million pounds. However, despite the obstacles, Anthony pushed forward, reclaiming control and financing the earlier phases through various banks.
Conclusion: A Successful Transformation
After four years of effort, the factory was transformed into a stunning 70-unit student apartment building. While construction costs reached £5 million, the resulting property is now valued at £12 million—a testament to the project’s successful execution and increased rental demand.