Investment Details

Property Summary

Chesterfield Hill – Mayfair, London

Return
58%

Term
24 months

Chesterfield Hill – Mayfair, London

Property Details

Chesterfield Hill – Mayfair, London

A terraced house purchased where planning consent for an additional floor was achieved.

 

Financials:

Site Gross Development Value

£12.6m

Land cost

£5.75m

Acquisition costs

£480,000

Prof and development

£2.3m

Finance costs

£572,500

3rd Party agent fees

£264,000

Legal disposal fees

£26,500

Total Costs

£9.39m

Gross Profit

£3.2m

Net profit to investor

£2.24m

Profit on investment:

58% over 24 months (29% annualized)

 

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Contact Info

Kemp House 152 – 160 City Road,
London, EC1V 2NX

+44 (0) 207 566 4052

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