Case studies

Warren Road

Purchased as a development plot with permission for one large five-bedroom detached house.

Improved planning consent to build two four-bedroom semi-detached townhouses instead substantially increased the finished value. By being able to build two properties on the site, we effectively gained a ‘free’ plot. This was the main reason for such a high return on investment.

Purchase Price	£100,000
Developing Costs	£240,000
Total Project Costs	£340,000
Sale Value	£650,000
Profit	£310,000
Project Financing:
Investment	£150,000
Bank Funding	£190,000
50% Profits	£155,000
Return on Investment	103.3%