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Project Name: 3 MALDEN ROAD NW5 3HS: Agent: - Asking Price 4,000,000.00

This document summarizes a proposed residential development project to build 9 units at 3 Malden Road NW5 3HS with a total gross development value of £6,671,970. Total project costs are estimated at £7,091,277.96 including site purchase, construction, fees, and loan interest. The projected profit is a loss of £583,246.16, resulting in a -8% return on the project and a -15% return on the equity investment.

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44 views3 pages

Project Name: 3 MALDEN ROAD NW5 3HS: Agent: - Asking Price 4,000,000.00

This document summarizes a proposed residential development project to build 9 units at 3 Malden Road NW5 3HS with a total gross development value of £6,671,970. Total project costs are estimated at £7,091,277.96 including site purchase, construction, fees, and loan interest. The projected profit is a loss of £583,246.16, resulting in a -8% return on the project and a -15% return on the equity investment.

Uploaded by

jorden
Copyright
© © All Rights Reserved
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
Download as xls, pdf, or txt
Download as xls, pdf, or txt
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Project Name: 3 MALDEN ROAD NW5 3HS

Agent: *** - Asking Price £4,000,000.00


Project Name: 3 MALDEN ROAD NW5
Level £/Sq f*, ** GIA GDV
3HS
Unit 1 900 1010.7 £ 909,630.00
Unit 2 900 612 £ 550,800.00
Unit 3 900 747 £ 672,300.00
Unit 4 900 820.8 £ 738,720.00
Unit 5 900 738 £ 664,200.00
Unit 6 900 820.8 £ 738,720.00
Unit 7 900 747 £ 672,300.00
Unit 8 900 820.8 £ 738,720.00
Unit 9 900 1096.2 £ 986,580.00
Total 7413.3 £ 6,671,970.00

Construction + Overhead Costs Rate Space Total Cost


Construction £250 8154.3 £ 2,038,575.00
Overheads 10% £ 203,857.50
Demolition & Site Clearing £30.00 £ -
Total £ 2,242,432.50
Total psqft £250

Other Costs Rate Total Costs


S.106
CIL payment £ 195,000.00
Contamination £ -
Agent fees on sales 1.50% £ 100,079.55
Legal fees on sales 0.30% £ 20,015.91
Total other costs £ 315,095.46

Total Costs £ 2,557,527.96


Total Cost per sqf - ALL IN £ 344.99
Project Duration (Months) 18

Project Costs Rate Cost Total Cost


Site Purchase £ 4,000,000.00
SDLT 12.00% £ 513,750.00
Legal fees 0.50% £ 4,000,000.00 £ 20,000.00
Total Costs £ 2,557,527.96

TOTAL PROJECT COSTS £ 7,091,277.96

Total Investment required £ 7,091,277.96


Equity investment (SDLT + Legal fees +
50% of Project) 50% £ 3,812,513.98
Loan required (50% of Project (Site
Purchase + Construction) 50% £ 3,278,763.98
Loan interest (18 months) 5% £ 163,938.20

Project Profit -£583,246.16


Return on Project -8%
Return on Equity Investment -15%

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