Project Area Portsmouth, PO6
Date 01-04-2009 to 01-10-2009
Property Permanently situated mobile home
Funding method Joint venture 50/50
Site Purchase Price £29,000
Development Costs £43,000
Current Gross Developed Value £93,000
Profit £22,000 – Split 50/50
Comment Completed to budget, on time

 

Project Area Portsmouth, PO5
Date September 2002 to September 2005
Property Buy-to-let student flat
Funding method Joint venture with one other investor
Site Purchase Price £86,000
Development Costs £4,000
Current Gross Developed Value £116,000
Profit £26,000 split 50/50 between investors
Comment Completed to budget, on time

 

Project Area Waterlooville
Date October 2005 to date
Property Semi-detached 3-bedroom house
Funding method Joint venture, 50% each
Site Purchase Price £158,000
Development Costs £3000
Current Gross Developed Value £185,000
Profit £25,000 plus £444 pcm, split 50/50 between investors
Comment Completed to budget, on time