Investors
Ocea transforms under-used commercial property into high demand residential real estate.
Interested in getting involved? Read on for more information.
Interested in getting involved? Read on for more information.
Ocea’s goal is to provide a new rung on the property ladder for first-time buyers, by providing sustainably designed apartments without compromising style and at an accessible price.
For our investors, this creates an opportunity to help tackle a serious housing problem and make a healthy return on their investment at the same time.
Glenn Delve
Managing Director, Ocea Group Limited
Investing with Ocea
The Problem
One of the greatest challenges facing our most successful towns and cities is the provision of affordable housing.
A lack of new housing developments and a rapidly rising population have created an urgent need for new sources of affordable UK housing.
UK housebuilders are falling short of government targets by around 100,000 properties a year.
The Opportunity
The Government and Local Authorities are already committed to addressing this problem.
Several initiatives are increasing the supply of properties suitable for first-time buyers, notably Prior Approval.
Under the Prior Approval scheme, some commercial-to-residential property conversions no longer need to go through the full planning process.
This Means
Shorter development timelines resulting in higher projected profitability.
More properties are available for repurposing with increased planning approvals and almost no risk of refusal.
Higher projected profitability due to faster completion of developments.
Part of the Solution
There is a lucrative gap in the market for a business with the right expertise and track record and Ocea has the know-how, talent and resources to plug this gap.
A lack of new housing developments and a rapidly rising population have created an urgent need for new sources of affordable UK housing.
UK housebuilders are falling short of government targets by around 100,000 properties a year.
Investing with Ocea
Solution Focused, And Proven
Ocea is already a leader in this field and has profited from every one of its completed/sold developments.
The business provides investors an opportunity to earn a target fixed rate return, while investing in the conversion of office space into high quality affordable housing.
Targeting a return of at least 20% on cost per project, thereby Ocea is establishing a track record of securing a consistent and healthy return.
Strategy
Ocea believes it has identified three key strategic drivers fundamental to the success that it has enjoyed already, and that will fuel its growth over the next three to five years.
Targeting developments in South and South East England (outside of London) where property prices and demand are strong and are expected to remain so in the medium to long term.
A focus on creating smaller, affordable and aesthetically appealing flats for the first-time buyers’ market.
Only developing properties eligible for Prior Approval and the Government’s Help to Buy scheme.
Target Areas
By focussing on the area specific demographics of Southern England, Ocea;
Reduces the risk of unexpected issues due to capital value shocks, given the relatively stable prices.
Keeps control of developments ensuring they are all within 2 hours travel time of the office. Ensures that development costs remain stable
Ensures that development costs remain stable and predictable.
By avoiding London areas inside the M25, the business insulates itself from the risk of sudden large capital value movements.
Investing with Ocea
Apartment Sizes
By focussing on the creation of beautiful but smaller apartments, Ocea;
Reduces the capital cost to buyers, ensuring more people can afford to buy and making it easier for people to buy their first home.
Produces schemes attractive to investor buyers given comparatively strong yields.
Generate greater per sq. ft prices, releasing more profit from each scheme.
Building smaller apartments also enables us to bid higher on target sites, thereby ensuring we maintain a healthy pipeline of developments.
Help to Buy
ALL Ocea schemes offer Help to Buy (HTB).
Between 50% to 80% of Ocea’s buyers use this scheme to facilitate their purchase. This provides the following advantages;
More buyers are able to afford to buy their first home.
Buyers relying on the HTB equity loan can only buy in new build schemes.
We thereby secure a significant advantage over the ‘second hand’ market where HTB is not available, or sites where the developer is not registered for HTB.
How it Works
Ocea's Track Record
To Date Ocea Has:
Undertaken numerous projects thus far and never lost money on a Prior Approval project.
Successfully sold new stylish homes, mainly to first-time buyers.
Developed a strong pipeline of developments.
Built a highly experienced team of property experts.
Investing with Ocea
Learning Journey
For those interested, Ocea offer an involved and full learning experience to increase their knowledge of the developer role.
WEEKLY UPDATES
Investors canopt to receive a weekly email, that details the main events of the week.
MONTHLY MEETINGS
Investors can watch the review meeting live as it happens where we discuss the project and agree next steps. This meeting is also recorded.
SITE VISITS
Investors are invited to attend site visits. Priority will always be given to investors.
Testimonials from Investors
“I’ve been investing with Glenn, Justine and the Ocea team for 4 years now on total of 5 office-to-residential projects. I can categorically say that they are the best development partners I have worked with, bar none.
They are clear on their strategy and execute it exceedingly well. There have been bumps in the road, as one expects, but the measure of the team is their open dialogue on all issues faced. Key is that Ocea do not simply share problems and points fingers, they come armed with their recommended solutions to discuss and agree jointly.
I greatly value their partnership and approach. I would highly recommend working with Ocea to any investor looking for good returns from property development, on a secured asset, and backed by a highly competent team who help mitigate risk through their professionalism and proven experience”
PROPERTY DEVELOPER & INVESTOR
SOUTH WEST LONDON
"I have confidently invested in property developments with Glenn and Justine for over 5 years now. Due to my trust in their professionalism I have increased my invested funds from £60k to over £4m. Their attention to detail and market knowledge gives me faith in the security of these investments.
Properties sourced by Ocea have strong financials and offer great returns, which is why I continue to invest with them.”
PROPERTY DEVELOPER & INVESTOR
SOUTH WEST LONDON
