Savoys Properties

Savoys Properties was established in April 2020, founded on the principle of transforming underutilised properties into residential spaces. The firm was created in response to a perceived gap in the market for effective management of co-living and Houses in Multiple Occupation (HMO) portfolios, leading the founders to bring their property management operations in-house. The company's team is driven by a commitment to converting existing assets into functional homes. With over two decades of experience, Savoys Properties delivers boutique-style, all-inclusive, and affordable accommodation across the South East of the United Kingdom.

The company operates as a provider of property development, project management, and residential letting services. Savoys Properties specialises in the conversion of commercial buildings into residential units, particularly focusing on HMOs, leveraging permitted development rights implemented since September 2020. This specialisation allows the firm to capitalise on opportunities within the commercial property sector by repurposing buildings for residential use. Beyond conversions, the company also undertakes the refurbishment and management of properties throughout the UK, aiming to provide quality homes for professional tenants.

Savoys Properties places emphasis on the efficient and precise execution of its projects, striving to incorporate innovative techniques and processes into its development plans. A core principle of the firm is maintaining outstanding quality across all development initiatives, which has contributed to successful outcomes for each property and project undertaken. The company meticulously plans and manages the entire planning process, from initial Prior Approval applications to comprehensive Planning Applications for both HMO conversions and new builds. Furthermore, the firm offers full project management services, encompassing everything from minor refurbishments to extensive HMO conversions or commercial-to-residential transformations.

The firm's capabilities extend to the design and build aspects of various property projects, with a strategic objective to maximise the Gross Development Value (GDV) of each asset. Savoys Properties also provides property sourcing services, identifying opportunities that align with specific client requirements, whether for HMO properties or commercial-to-residential conversions. The core team, including Sanjay Kumar and Malkit Purewal, brings extensive experience in property investment, having commenced their activities in the early 2000s. Hardeep Toor contributes expertise as a RICS and ICES qualified Chartered Quantity Surveyor.

Savoys Properties has received industry recognition for its work, including being named "Commercial Property Investors of the Year 2020" by the Property Investor Awards. Between 2020 and 2022, the company was a finalist in 18 categories and secured three awards. Both Sanjay Kumar and Malkit Purewal serve as official judges for the Property Investor Awards. The firm has also achieved RICS accreditation in October 2022 and Shawbrook accreditation in May 2022, alongside being recognised as "Developer of the Year" in April 2022.

While not exclusively focused on student accommodation, the company's extensive experience in developing and managing HMOs and co-living spaces directly relates to the provision of purpose-built shared accommodation, a segment that includes student housing.