Gross internal area (GIA) psf
Net internal area (NIA) psf
Est. construction costs psf
Total construction costs
Professional fees 7%
Interest costs 4%
Land + net construction costs
Total construction costs
Project debt LTV – 90%
Equity required without sales
Unit breakdown
Studios
1 Beds
2 Beds
3 Beds
4 Beds
Average sales
PSF sales rates
£500
£550
£500
£500
£500
PSF
350,000
280,000
£220.00
£77,000,000
£5,390,000
£6,589,080
£91,515,000
£88,979,080
£82,363,500
£9,151,500
No. units
0
100
150
50
0
£510
Gross internal area (GIA) psf
Net internal area (NIA) psf
Est. construction costs psf
Total construction costs
Professional fees 7%
Interest costs 4%
Land + net construction costs
Total construction costs
Project debt LTV – 90%
Equity required without sales
Unit breakdown
Studios
1 Beds
2 Beds
3 Beds
4 Beds
Average sales
Saving
Current site price cash
Stamp duty 1/2 %
Legal fees
Tenure
Asset or corporate purchase
Interest costs 4%
Total site purchase costs
Debt LTV
Debt LTC
Equity required without mezz
Equity required with mezz
Planning cost
Planning period
Planning uplift
65%
65%
£-
£9,000,000
£7,000,000
£80,000
Freehold
Corporate
£390,000
£9,125,000
£9,750,000
£5,850,000
£3,275,000
£625,000
£500,000
£250,000
£7,000,000
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