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Land to the rear of 176 Station Road, Addlestone
Purchase Price
£170,000
Build Costs
£180,000
GDV
£500,000
Gross Profit
£150,000
The land to the rear of 176 Station Road, Addlestone was acquired and planning permission was granted for a block of 2 apartments. Both units were successfully built and sold to Help to Buy buyers. The original GDV was £465,000, but due to high-quality finishes and a strong market, the final GDV reached £500,000.
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