Project Made by our Partner Arcono, they purchase the Site in 2023 for £700K. Construction finishing in Dec 2024. Units will be sold for £725K each (Total GDV £2.9m). They used the “Triplepoint” development finance bank for the funding and injected £400K of equity themselves into the deal.
Purchase Price – £700,000
Build – £1,100,000
GDV – £2,900,000
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