Luxury apartments converted from a 19th Century library

building insurance valuation for luxury apartments
This converted 19th Century library has been converted into flats and demonstrates why we always take into account the specifics of each site when putting together each assessment.

Q: Why did you chose this building?

A: It has been converted from a 19th Century library. It was interesting to see how an institutional space can be turned into luxury apartments.

Q: What would be the key concerns about rebuilding here?

A: Your main problem would be access. You can see that one flat is having works done and they have had to close the pavement, part of the road and fix a site office at first floor level. We always take into account the specifics of each site when putting together each assessment.

Q: What sort of value would this be to rebuild?

A: The interiors here are about the most expensive money can buy. The price per metre for an average three to four bedroom modern home would be say £1500 per Sq m. Here one would need to spend at least £10,000 per Sq m to replicate the client’s chosen interior design scheme.


Surveyor, Lorna Harrington.

Lorna Harrington Director of Barrett Corp and Harrington
Lorna Harrington BA(Hons) MA PG Dip Cons Hist Env (RICS)

Q: What do you do when you are not working?
A: I’m involved in my local theatre group and we put on amateur plays and musicals. I also do Nordic Walking which makes everyone laugh as it looks like cross country skiing without any snow!

Q: Why did you choose buildings insurance?
A: I initially studied History of Art and Architecture. I was looking for a job where I could use some of my knowledge and learn about business. I was working at Bonham’s and heard someone talking about art insurance…