For this project YDP purchased a pair of large, semi-detached houses in the London Borough of Southwark. They had previously been used together as a hotel for refugees and were in a very poor state of repair.

Planning consent was obtained to build a substantial extension, such that there could be 6 x 1 bedroom flats, 5 x 2 bedroom flats and 3 x 3 bedroom flats - a total of 14 flats in all.

Planning was extremely difficult to obtain, particularly so as Southwark Council held local elections in the middle of the application process, thereby causing considerable delay. As a result of the delay, YDP's application became subject to new social housing rules which resulted in Southwark council asking for a £750,000 'Section 106' contribution.

This request was eventually withdrawn after protracted negotiations lasting two months, and planning consent was finally granted.

Awareness of YDP's ambitious scheme had grown during the planning consultation period and the company received several expressions of interest from other developers once consent was granted. As a consequence of these offers the property was sold 'with planning consent' for a substantial profit.