JV Property Deals Updated with Rental Yields and Values
This is for Final Buyers Only
- We have a couple of JV opportunities requiring development &/or rennovation in London & Lincs looking for a JV partner to assist.
- estimated 6 months to 1 year projects
Deal Structure No1:
- LONDON
- Convert/Build 2 retail and 8 Apartments
- Market value complete circa £3.6M
- Purchase cost circa £1M
- Development Costs circa £1.4M
- Total Investment required circa £2.4M
|
|
MV in 1,000's |
Rent annual in 1,000's |
Yield |
|
Commercial 1 |
225 |
25 |
11.11% |
|
Commercial 2 |
225 |
25 |
11.11% |
|
Flat 1 |
475 |
26 |
5.47% |
|
Flat 2 |
300 |
16 |
5.33% |
|
Flat 3 |
450 |
20 |
4.44% |
|
Flat 4 |
475 |
26 |
5.47% |
|
Flat 5 |
300 |
16 |
5.33% |
|
Flat 6 |
450 |
20 |
4.44% |
|
Flat 7 |
385 |
20 |
5.19% |
|
Flat 8 |
385 |
20 |
5.19% |
|
|
|
|
|
|
|
3.67M |
214K |
6.31% |
|
|
|
|
|
|
Land Cost |
1.2M |
|
|
|
Dev Cost |
1.2M |
|
|
|
Other costs |
240K |
|
|
|
|
|
|
|
|
Total cost |
2.64M |
|
|
|
|
|
|
|
|
Potential Profit |
1.03M |
|
|
Deal Structure No2:
- LINCS
- Convert a house into:
- ( 1 x 2 bed ) + ( 3 x 1 bed ) Apartments
- Good local demand
- Purchase cost circa £150K
- Development Costs circa £100K
- est Value after Development £346K
- est equity £96K
- est yield 8.4%
