Let me make one thing very clear as you commence reading this month’s investor interview, and that is that in my many years of interviewing hundreds of developers, landlords and investors, not too many have achieved what Arthur Dallimore has already done and is now doing. I would also point out that unlike almost all of our regular on-site interviews, this one is being done in two stages with a second article to be concluded, probably around mid-2024.
This approach, as regular readers will be aware is unusual for PIN, as almost all of our interviewees are talking mostly about the successful deals that they have done and where profits have already been realised. That of course is what many readers want to know about and to learn some key lessons, to potentially apply to our own property projects.
So what must be made clear is that below you will read about a quite ambitious project, that at this stage offers no absolute guarantee of success so I am grateful to Arthur for allowing us access at this stage to enable this article to be put together.
Early stages
Arthur is a Wiltshire based developer with some ten years of property investing experience and he has progressed from initially doing residential buy-to-sell ‘flips’, then creating a buy-to-let rental portfolio, to then doing auction trades for profit, but he is now firmly focused on commercial property development.
I have met him at various property events and also with a few personal friends who are ‘in property’ over the years, and so when I heard about his latest project I quickly accepted an invitation to ‘take a peek’.
And so on a cold and wet Monday morning a few months ago, I found myself entering the gates onto a very impressive driveway and peering through the morning mist towards a substantial Georgian-era three-storey manor house to the south-west of Swindon. As Arthur then explained, he has embarked on a quite ambitious development project, which if it all goes well in the next six to nine months, could well become the ‘talk of the town’.