Ariel House & St Paul’s Square

Building use: Residential

Bloom instructed as: Due Diligence Consultant

Contract value: £10.5m

Works completed: Bloom was appointed to provide pre-development technical due diligence for two commercial-to-residential conversion schemes in Birmingham. Our role was to assess development viability, identify technical, legal and commercial risks, and provide strategic recommendations to support the client’s acquisition and development decisions.

Our services included reviewing project documentation, existing building information, statutory and title considerations, procurement options, anticipated construction costs and development appraisals. We prepared comprehensive due diligence reports outlining key risks, constraints and recommendations.

Our advice gave the client a clear understanding of the opportunities and challenges before progressing the schemes, reducing risk and improving project certainty. Both developments have since been successfully completed, with the completed residential units attracting strong market interest.