Overview
- Updated On:
- September 12, 2024
Description
We purchased the Royal British Legion site in January 2021 with planning permission to demolish and build a ground up development to four new semi-detached houses. Three of the four houses are now SOLD STC and are under offer.
Project dates: January 2021 – March 2022
Area Summary
White Waltham is a village and civil parish, 3.5 miles (6 km) west of Maidenhead, in the Royal Borough of Windsor and Maidenhead in Berkshire, England.
Approximately 15 minutes’ drive from Windsor and 30 minutes from Heathrow. Near to M4 and M25 motorways. The nearest train station is Maidenhead and is just over 3 miles away.
White Whaltham has seen a surge in house prices and we noticed the housing in the area was pre-dominatley for families with there being so many schools in the area and more amenities appealing to families.
Financials
- Purchase price: £660,000
- Professional fees (incl. stamp duty): £90,000
- Build costs: £743,000
- Finance: £85,000
- Total costs: £1,578,000
- GDV: £2,185,000
- Profit: £607,000
- ROC: 38%
Other Address
Address : 1 Legion Place
Address : 2 Legion Place
Address : 1 Poppies
Address : 2 Poppies
- Principal and Interest
- Property Tax
- HOA fee
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