Dexters finds the ingenuity of the London neighbours in this Homes and Property feature seriously impressive. The owners of eight Hampstead flats in the same building collectively purchased the freehold, sold the rooftop for development and will now use the proceeds for much needed building repairs. 

In a city, identifying existing buildings for the creation of fresh living space is no mean feat. So this flat-roofed low-rise turns out to be a fine development opportunity promising a distinctive finish.

While Jovan Mihailovic and his neighbours’ solution to funding refurbishment costs is savvy, it also speaks of a community endeavour and neighbourhood pride that central London property owners can be accused of lacking. Another reason we find it heartening to read stories like this. 

Dexters works with landowners, developers and housing associations across London. We’re committed to responsible development without compromising on return. We’re also recognised for our strategic marketing campaigns, showcasing new developments to achieve premium prices. Read more about our specialist Land and Development Team here.