Woking, Surrey
Equity Raise
£600k

Woking, Surrey

Summary of Deal

  • Proposed scheme: Office to residential scheme of 49 units, mixture of 1 and 2 beds units
  • Project Length: 18 months
  • Return: 10% preferred return, 50% profit share, 48% ROC

Carpe Diem Involvement

  • Carpe Diem Property raised a significant proportion of the equity on behalf of the developer.

Headline Figures:

  • Equity Required: £1.7M
  • Total Costs: £8.6M
  • GDV: £11M
  • Profit: £2M
  • Profit on cost: 22%

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