Company Research Report: HJ Collection

Company Overview

• Name: HJ Collection

• Mission: To produce sustainable, efficient, and affordable living accommodation for all. Establishing HJ Collection as a household name for providing dependable investment opportunities in both the development sector and alternative property investment industry.

• Founded: 2019 by Reece Mennie

• Key People:

• Reece Mennie, Founder and CEO

• Headquarters:

• London Office: Level 7, One Canada Square, Canary Wharf, London, E14 5AA

• New York Office: One World Trade Center, 85th Floor, New York, NY 10007, U.S.A

• Number of Employees: Over 20 property development specialists

• Revenue: No information is available

• Known For: Nationwide property developer specializing in the conversion of unloved commercial buildings into residential developments using Permitted Development Rights; known for a proven track record of successful projects with above-average returns to investors.

Products

Property Development Projects

• Weybridge, Surrey:

• Units: 26 (5 studios, 14 one-bedroom, 7 two-bedroom apartments)

• Uplift: 26%, GDV: £9.80m

• Bracknell, Berkshire (Continuity House):

• Units: 20 apartments (11 one-bedroom, 8 two-bedroom, 1 three-bedroom)

• Uplift: 64%, GDV: £6.77m

• Ipswich, Suffolk:

• Units: 18 apartments (17 one-bedroom, 1 two-bedroom)

• Uplift: 50%, GDV: £3.29m

• Lowestoft, Suffolk (Abigail Court & London Road):

• Units: Abigail Court - 27 apartments

• Uplift: 97%, GDV: £3.00m (Abigail Court)

• Units: London Road - 23 homes (6 studios, 15 one-bedroom, 2 two-bedroom)

• Uplift: 97%, GDV: £3.62m (London Road)

• Hanley, Staffordshire:

• Units: 25 new homes (mixture of studios, 1-bed, & 2-bed apartments)

• Uplift: 75%, GDV: £3.30m

• Stafford, Staffordshire:

• Units: 12 (8 one-bed apartments, 4 studios)

• Uplift: 57%, GDV: £1.65m

• Walton-on-the-Naze, Essex (The Parade):

• Units: 10 two-bed luxury apartments

• Uplift: 64%, GDV: £2.45m

• St Helens, Merseyside (Crown Buildings):

• Units: 63 one- and two-bed apartments

• Uplift: 47%, GDV: £5.50m

Key Features of the Projects:

• In-house management of entire development processes

• Strategic use of Permitted Development Rights

• Focus on affordable and sustainable living

Recent Developments

• Recent Projects Launched:

• Weybridge, Surrey

• Bracknell, Berkshire (Continuity House)

• Ipswich, Suffolk

• Lowestoft, Suffolk (Abigail Court & London Road)

• Other developments across the UK in areas like Hanley, Stafford, Walton-on-the-Naze, and St Helens.

• New Features: No information is available

• New Partnerships: A 10-year contract with a housing association for a fixed rental income in the Abigail Court project.

Conclusion

HJ Collection has established itself as a prominent player in the UK property development sector, focusing on converting commercial spaces into efficient residential accommodations. With a strong commitment to sustainable and affordable development, the company has successfully leveraged Permitted Development Rights across multiple projects yielding lucrative outcomes for investors.