A proper GDV appraisal for a multi-unit scheme, without the £2,000 software.
YOU ENTER
• Number of units and average sale price per unit — that's your GDV
• Land price and land purchase costs
• Build cost per unit
• Professional fees, as a % of build
• Contingency, as a % of build
• S106 / CIL / planning costs
• Development finance rate, build and sales period, selling & marketing %
IT WORKS OUT
• Total build cost, professional fees and contingency
• Finance cost — modelled on land drawn at 100% and build at 50% average
• Selling and marketing
• TOTAL DEVELOPMENT COST
• Development profit
• Profit on GDV, and profit on cost
• Profit per unit
Lenders and JV partners look at profit on GDV. Most first-time developers
only look at the profit. That difference decides whether the scheme gets
funded.
Excel (.xlsx). Works in Microsoft Excel and Google Sheets. Instant download.
Educational tool only. Not financial or development advice. Build costs and
sale values must be checked locally. Correct as of July 2026.
A proper GDV appraisal for a multi-unit scheme, without the £2,000 software.
YOU ENTER
• Number of units and average sale price per unit — that's your GDV
• Land price and land purchase costs
• Build cost per unit
• Professional fees, as a % of build
• Contingency, as a % of build
• S106 / CIL / planning costs
• Development finance rate, build and sales period, selling & marketing %
IT WORKS OUT
• Total build cost, professional fees and contingency
• Finance cost — modelled on land drawn at 100% and build at 50% average
• Selling and marketing
• TOTAL DEVELOPMENT COST
• Development profit
• Profit on GDV, and profit on cost
• Profit per unit
Lenders and JV partners look at profit on GDV. Most first-time developers
only look at the profit. That difference decides whether the scheme gets
funded.
Excel (.xlsx). Works in Microsoft Excel and Google Sheets. Instant download.
Educational tool only. Not financial or development advice. Build costs and
sale values must be checked locally. Correct as of July 2026.
