Qualified, Regulated, Insured


Stravelles are experts in Construction Costs. Stravelles is run by experienced UK based RICS Chartered Quantity Surveyors. As construction cost consultants working everyday in property development we can be trusted to give you independent, unbiased advice.

We are in the perfect position to pursue our three goals 1) Provide Construction Cost Budgets and Estimates to the market 2) Promote our online systems on construction cost management to anyone looking to run their own small to medium property development projects with low risk, low stress and maximum profits whilst being a force for good in your community (yep, that's a proper mouthful!). 3) Develop kick ass small to medium properties.

And our North Star is to do this while having a lot of fun and keeping our natural sense of playfulness.



Why work with Stravelles?


💡We are a chartered quantity surveying company regulated by the RICS.

💡Director is a chartered quantity surveyor with over 25 years of experience working in the construction industry as a construction cost consultant, quantity surveyor, estimator, property developer and property investor.

💡Since 2004, Stravelles has been involved in the development of THOUSANDS of new houses, apartments, hotels, bars and restaurants and so on.

💡This is what Stravelles does everyday - we use our incredible experience to create construction budgets and estimates for Clients and ourselves and we use these same skills to grow our wealth through small to medium property development and property investment. And we reckon we have a lot of fun doing it !


Construction Costs


Stravelles provide Construction Cost Budgets to Architects, Property Developers, Homeowners, Quantity Surveyors, Project Managers, Estate Agents, financial institutions and funds. We also provide Construction Cost Estimates to medium sized Contractors and builders so basically we provide construction costs to anyone who is involved in Property and Construction.

Other services we can provide include Procurement, Quantity Surveying, Valuations, Project Management, Health and Safety, Disputes and many more, but to be perfectly honest, we just prefer Cost planning and estimating and our own small to medium property development. We are like a restaurant that just does pizza and mac and cheese and do it very well.

We have a long established Client base but always are on the look out for new Clients who are the right fit. If you require Construction Cost Estimates then please just email us with your drawings as the first point of contact and we will get back to you.

The rest of the website below is all about a passion of ours — helping homeowners/non construction people navigate the construction world in particular, construction costs and payments.


Some of the construction costs that we take into account






Most construction projects will involve thirty to forty different trades of packages of work each one supplied by a different company. For example, a new extension will require ground workers, an electricians, a plumber, a roofer and so on.

  • Preliminaries
  • Demolition and Alterations
  • Groundworks
  • New Foundations
  • Drainage
  • Structural steelwork
  • External walls
  • Upper floors
  • Roof
  • External windows and doors
  • Plumbing
  • Electrical
  • Internal walls
  • Internal ceilings
  • Stairs
  • Carpentry (doors, skirtings, architraves)
  • Skim
  • Decoration
  • Kitchens and appliances
  • Floor finishes
  • External works
  • Plumbing fittings
  • Electrical fittings
  • Tiling finishes
  • Fittings
  • Balustrade
  • Balconies
  • Cladding
  • Render
  • Underfloor heating
  • Contingencies
  • Waste





Format of our construction costs





Our construction costs are laid out in the standard format used by Quantity Surveyors since time began and essentially involves:

  • Description-brief description of the works required
  • Quantity-the quantity of the work required
  • Unit-the unit of the quantity e.g. Nr of days or m2 of carpet,
  • Rate the rate per unit e.g. £50 per m2



How we build up our rates






We use our own rates for most of the construction packages that we calculate ourselves or we obtain from suppliers and tradespersons that we work with. These rates include:

  • Cost of materials including waste
  • Allowance for waste for materials
  • Cost of rental plant or contribution for plant that's owned
  • Cost of rental tools or contribution for tools that are owned
  • Cost of skilled labour
  • Cost of unskilled labour
  • Contingency


We also need to factor in a sub-contractors, main contractors or builders overhead and profit. We can calculate the materials they need plus the labour, but then they also need to earn a profit for their business too!.

Also, we need to consider the 'faff' levels required. If the proposed construction works are taking place in an existing Victorian era house whilst the property is occupied, everything is going to be so much more difficult than building from scratch. For example, it is quite an easy project for a plumber to plumb a brand new house whereas upgrading an existing house with all its quirks, hidden issues and so on can be a real puzzle and challenge. This means more time, effort and therefore cost. We include for normal cutting waste across all construction materials but 'faff' needs to be costed in too — all those extra hours of pipe and stud finding, parts getting and inevitable issues cost money and are a fact of life in construction.

Finally, we need to think about the demand levels for these sub-contractors - if a trade is in particular demand they can charge a lot more than what we think is fair, its the law of the market. If you need a good renderer and there is a shortage of good ones, you will have to spend that bit extra to get the skilled labour on your project. So, we have to be constantly aware of what the current market rate is plus what we feel is actually achievable once we go to market.


Cost Estimates


We provide cost estimates to builders and contractors so they can price a project.

These estimates include for:

  • Set-up and management costs
  • Cost of labour, material, profits
  • Contractor’s contingency
  • Contractors overhead and profit

The Contractor or builder can then use this document to negotiate a final figure with their Client.






Cost Budgets


We provide cost budgets to homeowners, property developers, Architects, Estate Agents and anyone who needs accurate construction costs.

These figures tend to focus the maximum possible costs as these Clients need to ensure they have sufficient funds for their project .

These cost budgets include for:

  • Everything that is in the Contractors budget
  • Additional contingencies

Both documents are presented in a similar format, but we customise the data to each Clients individual needs. Some Clients like more breakdown, some less.






The importance of detailed construction costs


Some people are happy to work on construction projects/investment projects with very little budgeting work completed e.g. they work to a figure that they think is reasonable based on their own experience. And that's fine, it may work for them.

However, in our experience, people who don't invest in detailed budgets and procurement end up losing money and having stressful situations layer on top of more stressful situations.

There is a reason why most successful people and businesses invest in professionally prepared budgets and procurement systems — they work!



We are regulated by the RICS


We are a Chartered Quantity Surveying business Regulated by the RICS.

This short video shows you how to verify our membership with the RICS (since 2007).

Our firm Stravelles is fully registered with the RICS and we strive for the highest level of professionalism.

Get a free quote for our construction costs today


Simply send us an email with all the drawings and information (if you have them) and we will give you a fixed quotation within 24 hours.

info@stravelles.com

You can also leave us a voicemail, phone number is at the bottom of this page. But we prefer an email - this helps keep communication concise and keep overall costs down for our Clients.


Stravelles means collaboration


We want to work with people who understand the value we bring to every construction project. We look after quantum, pricing and overall construction budgets. But construction is a collaborative process — how can it be anything else with so many different trades and skills coming together to create one end result.


Helping as many people as we can


This is the second part of our business, and the most challenging. Our aim is to help as many people as possible have better experiences in construction. We can't have conversations or attend meetings with everyone we would like to help.

So we provide one introductory course for people who are thinking of starting a construction project and who maybe have commissioned some drawings. And then on top of that, we provide one specialised step by step system for people who need help managing their construction project, cost and payments now. So if you are thinking of building a house or refurbishing a residential property our systems will help you.

How do the online systems work ?


You enrol now using credit or debit card. We use a company called Stripe to process the card payment and we do not see or keep your details. In the unlikely event you have trouble processing the transaction (we use an app called POWR and Stripe is the payment processor) just email us and we will send you the bank details.

We get only your email address we will send you a confirmation email that day. You receive the system materials shortly thereafter.

The systems are a series of short videos that explain the construction process step by step with templates and examples included.

You sit there with a cup of tea or coffee, maybe a glass of wine and let us introduce you to our system using our videos and templates.

The system is easy to watch and does not get too heavy as we want you to actually learn something.

Once you have watched the materials Stravelles are there for you to answer any questions about any property development venture you are considering — we position ourselves as your professional RICS Regulated advisor who is always there to give you impartial, independent advice.

So we show you our system and then we are there to support you in your property development ventures.

Introductory Course - How to manage your construction project



Course Chapters

  1. Introduction
  2. Having an idea
  3. Team to develop the idea
  4. Sort the design
  5. Sort the budget
  6. How to get planning permission
  7. Find a builder
  8. Manage the process
  9. Move-in
  10. Summary
  11. FAQ's


Dipping your toes into the construction waters ?


Sort your budget, Architect, Structural Engineer, Quantity Surveyor, Party wall surveyor, Construction Budget, Program, Builder, Additional works, disputes and much more!!

This gentle course is aimed at people new to construction and who are possibly thinking about getting their home refurbished, or an extension installed or a loft conversion and so on.

The course is a series of short videos that explain the construction process step by step.

You sit there with a cup of tea or coffee, maybe a glass of wine and let us give you a gentle introduction to the construction process.

The course is easy to watch and does not get too heavy as we want you to actually learn something.

Once you have watched the videos, Stravelles are there for you to answer any questions about your construction project you are considering — we position ourselves as your professional RICS Regulated advisor who is always there to give you impartial, independent advice.

So we show you our course and then we are there to support you in your construction project.






Stravelles System of Construction Cost and payment management



Learn to

  1. Create a reasonable budget
  2. Reduce risk of construction cost rises
  3. Reduce risk of overpayment to builders and suppliers
  4. Enjoy the process


This is for people who want to take control of construction cost risk and the payments process


The Stravelles system of construction cost management including six excel templates! So you know how to make money in property development or 'property flipping'. Stravelles will now give you the Professional finesse you don't have but need. The formula for making money this way is really simple and you probably already know it e.g. Sales price minus cost of fixing the property equals profit. But in reality the construction costs are really difficult to budget and manage. This is why people have bad experiences with property development and give up. We provide our system of cost management to small to medium property developers to help them save money, create money and enjoy the construction process more.

Put simply, the more time and money you invest in the preparation of feasibility plans and detailed budgets, the more money you will save and create and the more enjoyable the whole process will be.

'We show you a professional, systematic approach to managing construction costs for anyone interested in successful small to medium property development'



Lots of people try and become property developers starting off with small flats or houses. But the majority give up after the first project after suffering a very stressful and financially damaging six months or more!

This is usually because they are simply just not prepared enough.

Stravelles provide you with a step by step system of managing construction budgets in small to medium property development projects.

We teach you our system and then are there to support you in your development projects whether it's just refurbishing a small flat or it's building several houses.

Our system will:

💡 save you a lot of money 💰💰

💡 create you a lot of money💰💰

💡 help you enjoy the construction and property life a whole lot better.🍹🍷🌴

We are an RICS regulated business so you can trust our independent professional approach.

Example


Ok, so this guy with the beard has an idea. He wants to buy a house in his local neighbourhood and refurbish it. Now, granted, it's not a very original idea but he anticipates a healthy profit because there is a large demand in his area for ready to move into properties.

He knows the purchase price of the house will be £230,000.

He estimates construction, finance, legal and selling costs to be £62,000.

And he estimates the final sales price to be £350,000.

So he is expecting a pre-tax profit of £58,000 (£350,000 minus £230,000 minus £62,000).

Not a bad profit especially if he only puts up £50,000 in the first place using finance to fund the rest of the development.

But the question is this — where is he getting his construction costs from? Estimate sales price can be determined from local estate agents and completed sales prices but what about construction costs?

Because, if he gets his construction costs wrong they could wipe out his profit or even lose him money.

This is the big risk in property development.

Stravelles exist to lower this financial risk


Stravelles will help you:

💰 Eliminate and reduce risk in small to medium property development

💰 Understand what a fair MAXIMUM market construction budget is for your proposed development/investment project

💰 Assess dozens of projects daily for their feasibility using maximum market construction budgets

💰 Understand the risk level of your construction costs at all points in the process

💰 Be completely in control of your budget way before you even approach builders for the first time – be five steps ahead so you can control the process.

💰 Get cost certainty before you proceed with the project

💰 Have a clear scope of works and vision of the program, quality and experience so that your builder can price for this.

💰 Demonstrate professionalism to your financiers proving you can manage risk and their money

💰 Avoid disputes over cost, program, quality with the builder or design team

💰 Avoid running out of money and not being able to finish your project.

💰 Avoid getting into debt having to borrow more money to finish your project

💰 Avoid spending more money on your project than it's actually worth in terms of the price increase – e.g. lose money on your development

💰 Enjoy the process because you are in control of the budget

Stravelles make construction costs easy


That's what Stravelles specialise in - the total cost of construction and we have really concentrated on being the best at this.

We focus on this part of construction because we feel that along with design, it is the most important stage.

If you get the budget correct initially then the rest of the process is elementary.



Three steps to cost certainty


Stravelles system promotes three pre contract construction cost exercises as part of getting your feasibility and business plan right.

We encourage everyone from homeowners to property developers to get stuck in and learn our system.

Our system teaches you how to produce and manage accurate, professional construction costs time after time using a systematic, professional approach.

This will mean that you never underestimate construction costs again. It will also prevent you from over bidding for land or property because you have assumed construction costs will be lower.

We teach you how to use simple software like Microsoft Excel, or the free Google sheets to create accurate construction costs.

System steps


We assume you have already completed the introductory course which gives a great introduction to the whole construction process.

The system is for when you want to get serious about your construction project and reducing your financial risk and maximising profits (or saving money if its for a family property).

Stravelles System for construction budgets

We show you how our system eliminates risk in property development - it is a professional system of managing construction budgets.

1. Feasibility plans
2. Business plans
3. Feasibility estimate
4. Detailed estimate
5. Tender estimate
6. Management of costs

Step 1. Feasibility Plans 

• Introduction
• Advantages
• Disadvantages
• Example-case study


Step 2. Business Plans

• Introduction
• Advantages
• Disadvantages
• Example-case study


Step 3. Feasibility estimate 

• Introduction
• Advantages
• Disadvantages
• Example-case study

Step 4. Detailed estimate 

• Introduction
• Advantages
• Disadvantages
• Example-case study


Step 5. Tender estimate

• Introduction
• Advantages
• Disadvantages
• Example-case study


Step 6. Management of costs from tender estimate to completion

• Introduction
• Final Procurement of contractor/builder
• Signing of contracts
• Management of costs during construction
• Example-case study


Wrap up Summary

• Introduction
• Issues
• Strategies
• Stravelles Strategy
• Building a system

How do you learn the system ?


You enrol now using credit or debit card. We use a company called Stripe to process the card payment and we do not see or keep your details. In the unlikely event you have trouble processing the transaction (we use an app called POWR and Stripe is the payment processor) just email us and we will send you the bank details.

We get only your email address we will send you a confirmation email that day. You receive the system materials shortly thereafter.

The system is a series of short videos that explain the system step by step with templates and examples included.

You sit there with a cup of tea or coffee, maybe a glass of wine and let us introduce you to our system using our videos and templates.

The system is easy to watch and does not get too heavy as we want you to actually learn something.

Once you have watched the materials Stravelles are there for you to answer any questions about any property development venture you are considering — we position ourselves as your professional RICS Regulated advisor who is always there to give you impartial, independent advice.

So we show you our system and then we are there to support you in your property development ventures.

FAQ's


Is it worth the investment ?


ONE HUNDRED PER CENT IT IS!!. On average our system will save or create Clients multiples of the cost. Think about it - in a construction project of £50,000 if we save you just 2% that is a saving of £1,000. In a construction project of £500,000 that is a saving of £10,000. We at Stravelles want to save you at least 10% so using the figures above savings of £5,000 and £50,000 !! And if you are in the industry then this is a recurring saving, project after project!
We price the system so it is easily affordable for people who are working/self-employed and enjoying a reasonable income already and who have the budget.
It's aimed at people who have the budget and mindset to invest in themselves and their skillset.
It's risk free - if you do not like it we will refund you no quibbles.  

Is there a book version ?


No and we will not be doing a book for one simple reason - the system is always being updated.

The system is updated every calendar month and the world of construction costs is constantly changing so there is little point publishing a book.

This system is for people who want to increase their knowledge TODAY so they can use this new information and skills to save money and create money in construction and property.

How long is the system ?


This system is aimed at busy professionals who want to learn a new skill that will help them save money and help them create money.

So we try and avoid filler and information 'for the sake of information'.

It takes about two hours from start to finish. That's right, two hours to learn a system of cost management that will save and create you so much additional money.

So it is a system that you can realistically finish - you can watch it on your desktop, laptop, phone, ipad.

And you can go back over the material again and again until you start to implement it into your daily work practices.