2 The Avenue, Leigh: Bank Conversion to 18 Modern Apartments

In 2019, DBR Investment Group undertook the transformation of a former high-street bank into a high-quality residential development in the heart of Leigh.

Located at 2 The Avenue, Leigh, WN7, this strategic conversion project delivered 18 modern apartments with dedicated car parking, repositioning a redundant commercial building into a fully tenanted residential asset.

Start Date: July 2019

Completion Date: December 2020

Current Status: Completed & Fully Tenanted

This project now stands as a strong case study within our growing UK property portfolio, demonstrating our ability to source, structure, develop, and stabilise high-performing assets.

Strategic Vision & Development Approach

The property was acquired with a clear objective:

• Convert underutilised commercial space into residential accommodation

• Maximise Gross Development Value (GDV) through intelligent design

• Deliver sustainable rental yields in a high-demand commuter location

• Create a long-term income-generating asset

Leigh benefits from strong rental demand due to its proximity to Manchester, improved infrastructure links, and affordability compared to central city pricing. This made it an ideal location for a value-add conversion strategy.

Our development strategy included:

• Full internal reconfiguration into 18 self-contained apartments

• Modern specification finishes to meet tenant expectations

• Integration of on-site parking to enhance rental desirability

• Compliance with planning, building regulations, and investment-grade standards

The result: a completed scheme delivered on schedule and successfully tenanted shortly after completion.

Investment Performance & Security

This project exemplifies the type of opportunity that attracts both UK-based and overseas investors seeking:

1. Tangible Asset Security

Investors are backed by UK real estate, a regulated, stable, and globally recognised asset class.

2. Predictable Rental Income

The development transitioned into a fully tenanted asset, creating consistent cash flow.

3. Value Creation Through Conversion

By acquiring the asset's residential equivalent value and repositioning it, we enhanced the asset's overall capital appreciation potential.

4. Professional Project Delivery

From acquisition to completion, risk mitigation was managed through experienced development oversight, structured finance planning, and proactive tenant strategy.

Why This Matters to Private & International Investors

For private and foreign investors looking to enter the UK property market, projects like 2 The Avenue demonstrate:

• Proven track record of execution

• Transparent timelines and delivery

• Exit or refinance potential

• Long-term income-producing assets

The UK remains one of the most attractive property investment markets globally, thanks to its legal framework, landlord protections, and strong fundamentals in rental demand. However, successful outcomes rely heavily on experienced operators.

At DBR Investment Group, our model focuses on:

• Identifying undervalued opportunities

• Structuring secure investment terms

• Delivering completed, income-generating assets

• Providing investors with clarity, reporting, and defined returns

A Completed, Performing Asset

Today, 2 The Avenue stands as a fully operational residential scheme, a completed and tenanted asset contributing to our growing portfolio of UK investment properties.

It reflects more than a successful development. It represents:

• Strategic acquisition

• Intelligent capital deployment

• Risk-managed execution

• Income stability

For investors seeking structured property-backed opportunities in the UK, this project illustrates what is possible when experience, market knowledge, and disciplined delivery align.