The second project was purchasing land with 7 large unused houses in Woolwich (Purchase Price-£3m Development Cost £6.5m-GDV £13m) on which we obtained planning permission for 18 houses.
– 18 Houses – 4 Bedroom £725,000 Each
– GDV £13,050,000
– Purchase Price £3,000,000
– Development Cost £6,500,000
– Profit £3,550,000
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