1. David J Hunt – Hunts Contractors Willingham Ltd
Development CV
2. Profile
An extremely highly motivated and dynamic individual. A true entrepreneur, David has established several successful businesses over a
varied spectrum ranging from construction, property development, wave energy, through to mobile app development. His focus now is
on development. Growing up in North Nottinghamshire and working all over the UK in the construction industry he has a given him the
opportunity to meet many people in the business. This has developed his interpersonal skills and ability to engage with people of all
types along with becoming a keen negotiator not to mention a wealth of knowledge in the planning, building and construction
industry. Recently living in Edinburgh for 5 years working as MD for part of the Colorado Group and now moved to London and is
concentrating on building up his original company Hunts Contractors Willingham Ltd.
Previous Companies
• Hunts Contractors (willingham) Ltd
Current
Position Owner & Managing Director
Experienced property developer and deal sourcer and analyst. Based in Twickenham London and work within the M25 with a particular
focus on the SW & S London. We specialise in buy- to- sell development opportunities including title split, commercial to residential,
freehold to leasehold, planning gain, newbuild, and brownfield. During our acquisition search we come across property which does not
meet our criteria, we are happy to pass these on to investors with whom they do match. We welcome experienced investors with a view
to JV's, examples of previous projects completed by ourselves and our partners are available on request.
• Colourred Contracts Ltd, Colorado Group
2011-2014
Position Owner& Managing Director
Working closely with the Colorado Group Colourred Contracts has been an integral part to many of their major projects. I am now
working in London with a view to developing business there, the relationship with Colorado group is ongoing, and they are actively
looking for projects in London on a JV basis.
Colorado Construction & Engineering were recognised as the fastest growing SME in Scotland, they provide Construction both
Residential new build & refurbishments, commercial, Fit-Out, Civil Engineering and Development services.
www.colorado-group.com
• Hunts Contractors Ltd
1999 – 2012
Position Founder, Owner & Chairman
Chairman & Shareholder. (Full time till Jan 07 then on consultancy basis.)
Duties Including: Client liaison, business development, marketing, financial planning, estimating, quantity surveying, contract
management, HR management, control of subcontractors, logistics, capitol equipment acquisition,
Achievements: Broadened customer base, set up macadam surfacing division, doubled turnover from 05-06 to 06-07, reinforced
company branding, introduced pay scales, job descriptions and training opportunities to motivate for all employees, encourage health
and safety, personal achievement and quality awareness. Structured company to operate without daily input of the founder.
www.huntscontractors.co.uk
3. Development History
• Stotfold
• Purchase Price £101.5k
• Development costs circa £200k
• GDV circa £365k
• Developer Cash input Fees Circa £7.8k
• Nett Margin £55.7k
Planning Gain
• A new build plot in Bedfordshire purchased
as 64m2 3 bed detached house with garage.
• New planning granted to change to a 4 bed
with ensuite, study, utility, extended living
room and garage.
• This will increase the floor area to in excess
of 95m2
• The resale price by around £50k. Strong
demand in the area, current developments
almost sold out.
• The site was originally built by Taylor
Wimpey around 8 years ago.
• Letchworth is just a 10
minute drive from the development
• Good choice of lower schools within
Stotfold for up to the age of 9
• Education for ages of 9 and above found in
Arlesey and Clifton
• Easy access to the A1
• 1.5 miles to Arlesey train station which is
just over 1hr from Kings Cross.
5. • 77 Overhill Road, SE22 0PQ
• Purchase Price £882k
• Development Costs Circa £648k
• Min Projected GDV £1.896m
• Achievable GDV £1.967m
• Developer & Investor cash input £444k
• Min Projected Nett Margin £336k
• Achievable Nett Margin Circa £437k
The House is an existing 8 bedroom mid
London terrace in East Dulwich, a popular
and easily accessible location in South
London. Plans have been drawn up to add a 2
story extension and convert the house into 4
spacious high spec apartments.
Approximately 43m2 of space will be added
and the rear garden will be split to serve
both the lower and ground floor flats
providing valuable amenity space to an
additional property.
The work in brief will comprise the removal
of all internal walls, the staircase and two
sections of floor comprising about ¼ of the
floor area on the ground and first floor.
Removal of the front access ramp and
replacement to one side, change and
realignment of some windows. Construction
of retaining walls in the rear garden, possible
underpinning of the rear wall, Construction
and fitting out of the four Apartments to a
high standard.
9. Silkhouse Apartments
• Silkhouse Apartments is a £2.5M development of 14
well-appointed and spacious apartments in Edinburgh.
• Colorado Group was responsible for structuring the
finance, managing the site acquisition, project design,
and construction completing the project in September
2008.
12. Personal Projects
148 – 150 Old Kent Road
• Purchased by D J Hunt 1.5 storey building for £250k.
• Let to tenants as individuals joint and several on a
commercial 15 year lease with 6 month notice period.
• Planning for 16 flats originally applied for.
• Planning granted for 11 x 2 bed flats & commercial ground
floor
• Site sold by D J Hunt for £1.5m as development site
• Pictures of the now completed development are on the next
page.
13.
14. Detached House in Lincolnshire
Bought in 2003 as a family home, originally an agricultural nursery, the house was a five bedroom property with a double
garage attached. David Hunt then designed and built the converted version as seen below. Producing a stunning 7
bedroom 4 bathroom house with annex, orangery and planning for a substantial leisure complex. The property is now sold
STC with an uplift in value of £255k after costs, plus the retension of a 1.26 acre brownfield site which will very likely get
planning for two new houses along with the existing office and workshop.
15.
16.
17. The Old Nursery Industrial Unit
• Purchased at the same time as Nursery House, a title split
was carried out before completion creating two land
registry entries.
• Planning was obtained for the construction of offices and
agricultural store
• The building was constructed and then the agricultural tie
removed, leaving the use as light industrial
• The building is currently let to a long term tenant
• The site has a substantial dissuesed greenhouse and
around 1/2 an acre of unused land now classed as
brownfield
• Purchase cost £42k
• Construction Cost £67k
• Current value £150k
• Nett Margin £41k
• Value with planning uplift £250k
• Potential Net margin £141k
• Value with 2 newly completed dwellings £550k
• Development cost £200k
• Fully developed potential margin circa £241k
18.
19. Orchard Cottage – Headland House
• OrchardCottage was bought as a 3 bed Victorian semi
detached house in need of modernisation
• Lapsed planning permission for the errection of a
detached dwelling in the garden was noted in the
particulars
• OrchardCottage was fully renovated & modernised ,
then sold.
• Atitle split was carried on the plot as a whole whilst
the renovationwork was carried out and planning
obtained for the construction of Headland House
• Initial purchase of Orchard Cottage inc garden
£47k
• Renovation costs £18k
• Construction of Headland House £120k
• Total costs £185k
• Sale of Orchard Cottage £67k
• Sale of Headland House £260k
• Nett Margin £142k
Orchard Cottage
Headland House
20.
21. Addiewell
• Originally a 2 bed semi detached cottage in West
Lothian, The cottage had been lived in for over 30 years
by 2 sisters & a brother and was boarded up & left
empty.
• Building regulations obtained to make structural
alterations and modernise making a 4 bedroom semi
detached cottage.
• Purchased for £18k
• Development Costs £15k
• Sold £67k
• Nett Margin £44k
