A Belmont retrospective

Continuous learning and improvement are some of our core business values

Rona Dina Belo

30 Oct 2023 — 2 min read

The Belmont project has just closed, so the time is right to undertake a retrospective on the project, understand lessons learned and find improvement opportunities for our next project

Project summary:

Property: 3 bed semi-detached house
Location: Ballinlough, Cork
ROI: 20%
Timeline: 6 months

What went well:

Safeguarded investor capital and earned them a lucrative return on their capital
The project achieved the projected returns baselined at the start of the project.
The investor capital was in the deal 6 months only. We purchased in April and the sale closed in October
Restored a dilapidated building into a modern home for a family to enjoy

What didn’t go well:

Identified issues with the felt in the roof, after project returns were projected. The felt issues with the roof increased costs and impacted returns slightly.
Initial sale price was perhaps was too high. An alternative pricing strategy, could have resulted in a higher sales price

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