Ariel House

Building use: Residential

Bloom instructed as: Pre-Development Due Diligence Consultant

Contract value: £3.5m

Programme: August 2024 – May 2026

Works completed: Appointed to provide pre-development technical due diligence for the conversion of a five-storey office building on Coventry Road, Sheldon, into 57 residential apartments. Our role was to assess development viability, identify technical, legal and commercial risks, and advise the client ahead of their acquisition and development decisions.

Our review covered existing structural and other survey information, the planning route with reference to Permitted Development Rights, title and leaseback considerations, conversion costs, procurement and programme. We set out our findings in a due diligence report with a clear summary of key risks and recommendations.

This helped the client understand the risks around statutory requirements, the condition of the existing building, and procurement strategy, allowing them to proceed with greater confidence. The completed scheme has since attracted strong interest from the residential market.