Land for sale in London, England - 413 526€

Land for salePrice:413 526 €price per hundred:37 593 €Commission to the agent:commission-freeObject type:land plotType of ad:secondaryPlot area:11 acresDate of publication:July 6, 2016Date of update:October 11ID:227-082-172-3DescriptionGreat Britain. Chatham. The County of Kent. 20 km from London. 142-152 Luton road, ChathamLand 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 carThe 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 m11 apartments + commercial premises.Purchase expenses:The cost of the object is 350,000 pounds (or 413,525 euros).Land tax: 7,350 poundsLegal 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%