Land for Dev - Chapel End

Land for Development - Chapel End, Broxted

Experienced Developers - Land with Planning!

A building plot with full planning approval to erect 6no. 3 bedroom properties with parking and gardens. Village location, within a short drive to Elsenham, Takeley and M11.

The development will consist of four detached and two semi detached units.

Planning permission has been granted. Strong comparables available for GDV estimations.

Key financials:
▪ Purchase price: £850,000
▪ GDV: £3,300,000
▪ Purchase costs: £21,750
▪ Refurb costs: £1,385,900
▪ Profit once sold: £801,142
▪ ROCE: 237%
▪ Profit: 24%
▪ ROI: 32%
▪ Sourcing fee: £17,000

Please get in touch for further information.