Latest Valuation
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ROCE
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Location
South London

Profitable JV Opportunity with a Fixed Return of 12%

Profitable JV development opportunity with fix return of 12%. We are looking for joint venture funding to enable the project to be completed.
Guide Price
£850,000

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Key Features

The Property

Profitable JV development opportunity with fix return of 12%
We are looking for joint venture funding to enable the project to be completed. The property has been purchased on a subject to planning basis and planning has now been obtained. The funding is required for the building element of the deal, interest of 12% will be paid to the JV investor equating to £60,000, therefore £560,000 will be repaid within the 18-month term project period.

Purchase price: £850,000
GDV: £2,500,000
Investment required: £500,000
ROI: 12%
Net profit for the investor: £60,000
Security: Priority return

Selling office: Sourced Lewisham

Planning Information

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The Plan

The ideal plan is to benefit from instant income and refinance in the near future to benefit from the capital growth in the area.

The Location

South London

Average estimated value for a house in SE4 2SU

£

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