Land for sale
Price:413 526 €
price per hundred:37 593 €
Commission to the agent:commission-free
Object type:land plot
Type of ad:secondary
Plot area:11 acres
Date of publication:July 6, 2016
Date of update:October 11
ID:227-082-172-3
Description
Great Britain. Chatham. The County of Kent. 20 km from London. 142-152 Luton road, Chatham
Land for the construction of a house with 11 apartments and 1 commercial space: 11,399 sq. ft. or 1,059 sq.m. Cost: 350,000 pounds (or 413,525 euros).
A new investment construction project.
New house on 4 floors in Chatham
- 1.1 miles from Rochester, 3-5 minutes by car
- 33 miles from central London, 50-60 min by car
The profitability of the project is 63.33%
Leazhold is 999 years old, the construction period is 1 year.
The total area is 113.99 sq ft or 1059 sq m
11 apartments + commercial premises.
Purchase expenses:
The cost of the object is 350,000 pounds (or 413,525 euros).
Land tax: 7,350 pounds
Legal support: 1,750 pounds.
Agent's services: 24,500 pounds.
Appraiser's services: 525 pounds.
Cost per sq. m. foot including all taxes: 33.70 pounds.
Total land value: 384,125 pounds.
Construction:
Construction price per square foot with materials: 120 pounds (1,367,880 pounds ).
There is no tax.
Building permit: 10,000 pounds.
Services of the designer and other specialists: 10,000 pounds.
Development of project documentation: 10,000 pounds.
Total expenses:b 1,397,880.
Sale:
Agent services: 1% (29,637 pounds).
Legal support: 0.1% - 2,963 pounds.
Total expenses: 32,601 pounds.
Investment: 1,814,606 pounds.
Sale price: 2,963,740 pounds.
Net profit: 1,149,133 pounds.
Net profit: 63.33%
Parcel, England, Greater London, London, 413 526 €
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