Professional guides to the key decisions in property acquisition and development. We show the specific ways in which location, the building and its intended use affect the feasible development scheme and the economics of the investment.
The number of homes calculated from gross floor area is only a working assumption. It becomes a feasible development scheme when the homes function well, shared and ancillary spaces can be accommodated, parking and utilities can be provided, and the cost of delivery is proportionate to expected revenue.
Enidea · Professional perspectiveBeyond the connection cost, utility upgrades can also change a development’s programme and financing. Establishing a viable purchase price requires knowing what capacity can be secured, when it will be available and how this changes the project’s overall cash flow.
Enidea · Professional perspectiveThe value of the existing building and the additional potential of new construction can be assessed through their actual use. Spatial quality, total expenditure, timescales, subsequent operation and environmental consequences all matter in the comparison.
Enidea · Professional perspectiveAt our first meeting, we clarify the investor’s objective, the stage of preparation and the next decision. Based on the available documents, deadline and outstanding issues, we propose the scope of the assessment, the deliverables and the specialists to involve.
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