Headings
No. of dwellings
Average house size
Average Sale Price
Gross Development Value
Total Build Cost (Say £1,000 psqm)
Abnormal Costs (Remediation/Demolition)
Professional Fees
@ 10%
Marketing Budget (£1,000 per dwelling)
Contingency @ 5%
Agents Sales Fees @ 2%
Total Development Costs
Finance on Build Costs @ 10%
Gross Residual Value
Stamp duty @ 4%
Agency & Legal fees incl VAT @ 1.8%
Land Residual before finance
Land Holding Costs (Finance) @ 5%
Net Residual Value (Land Purchase)