Property 192 Ltd first started working in the property business in 2005, and the first project was a building site for 10 houses in the Norfolk village of Watton.
The following year, we started going to lots of auctions and purchasing land and houses to renovate. This led to building two bungalows and renovating an existing one in a fairly large town called Beccles.
By the following year, the property market was definitely thriving and we had diversified into letting houses as well. So, by this stage we had quite a large housing portfolio and were looking for more.
It’s no secret that the market took a slight turn for the worst during the recession period and we decided to leave the lettings market. Slowly, land was not on offer and house prices were tumbling, so we decided to put things on hold on that front, which was fine because we had so much on our plates with the other businesses we operate.
However, in August 2013 we entered an auction room for the first time in 4 years and purchased a piece of land. We were back in the game and before we knew it, were building 5 brand new houses.
It’s very exciting times for Property 192, both on the building and renovating sides and the development of this website, on which we will be keeping you up to date with all our news and developments.