Historic Conversions Case Studies

Case Study 1: Olivers Mill, Morpeth

This former granary was bought by Castle Morpeth Borough Council who wished to secure its long-term future because of the contribution it made to the visual appearance of the town centre and riverside. A number of private developers investigated the conversion of the property but concluded that this was not financially possible at the time.

Isos' experience in the conversion of historic premises enabled the organisation to put forward plans to keep the building. Just before Isos bought the granary, the building was set alight. Many people in Morpeth witnessed the fire and most believed they had seen the end of Olivers Mill.

However, immediate action by Isos and close liaison with Castle Morpeth's insurer's loss adjuster managed to save the future of the building with careful reconstruction of the fire-damaged part.

When they were finished, the flats were offered to first-time buyers on a new-build HomeBuy basis and 18 purchasers secured their very important first step onto the property ladder in this high-value area.