object type
New Development
housing units
38 apartments
location
Newton Abbot
RETURN
40% (during project)
William of Orange Court
Newton Abbot, South Devon
Commencement: May 2024
Completion: Q3 2026
William of Oranger Court is an inner city development to build and sell/hold 38 flats and a commercial space in Newton Abbot, South Devon.
Key figures
Land purchase price: £450,000
Legal & Professional fees: £440,000
Project management: £50,000
Contingency: £300,000
Construction costs: £5,400,000
Gross development value: £9,000,000
Gross profit: £1,460,000
Why are new development properties a smart investment?
Real estate development projects offer lucrative investment opportunities. By initiating new constructions or redeveloping existing sites, investors can unlock significant value and meet market demands. These projects provide flexibility, promote sustainable growth, and contribute to urban development. Overall, real estate development is an attractive avenue for investors seeking to maximize returns and enhance communities.
Get in touch with us
William of Orange Court is not available anymore. Are you interested in similar real estate projects? Feel free to contact us. We are happy to tell you about the exciting opportunities that British real estate has to offer.