Current Phase
Phase 1 — Due Diligence
Active
Phase 1 of 714%
Open Tasks
—
— high priority
Docs Outstanding
—
Still needed
Quotes
0
None yet
Est. Budget
TBC
Update in Finance
Do This Next
1
Instruct solicitor
Legal searches take 4–6 weeks — start now
2
Commission structural survey
Must complete before exchange
3
Pre-app planning discussion
Confirms viability before committing
4
Obtain council lease HoTs
Confirms rental income before purchase
5
Build financial appraisal
Stress-test the numbers before proceeding
Upcoming
No diary entries yet — add in the Diary tab.
Recent Activity
How to use: Work through these phases in order. Tick off sub-tasks as you go and mark each phase Done when complete. This is your master guide for the whole project.
Total Budget (Estimated)
£ —
Fill in the table below
Projected Annual Income
£ —
5 units × council lease rate
Cost Plan — click any figure to edit
ItemBudget (£)Actual (£)Status
Acquisition
Purchase pricePre-purchase
Stamp Duty (SDLT)Pre-purchase
Legal feesPre-purchase
Survey & searchesPre-purchase
Design & Planning
ArchitectNot started
Structural engineerNot started
Planning feesNot started
Building regulationsNot started
Construction
Main contractor worksNot started
Fit-out (kitchens, bathrooms)Not started
External worksNot started
Finance & Holding
Development finance / bridgingNot started
Insurance (works period)Not started
Contingency (10%)—Reserve
Total Budget£0£0
Income Projection
ItemPer Unit (£/yr)5 Units (£/yr)Notes
Council lease income£0Confirm with housing officer
Less: voids / mgmt (est.)£0—
Net Annual Income£0
Track contractor quotes. Attach the actual quote document to each entry.
No quotes yet — add your first one above.
Upcoming Entries
No upcoming entries.
Costs (Predicted)
Acquisition
Purchase price
SDLT
Legal fees
Survey & searches
Design & Professional
Architect
Structural engineer
Planning fees
Building regs
Construction
Main contractor works
Fit-out (kitchens, bathrooms)
External works
Finance & Holding
Development finance / bridging
Insurance (works period)
Other costs
Contingency (10%)
Total Development Cost
GDV & Income (Predicted)
GDV — sale value of completed flatsWhat the 5 flats would fetch on open market
Annual council lease income (total)All 5 units combined per year
Annual management / service costs
Annual maintenance reserve
Predicted Results
Total Dev Cost
£0
All-in spend
GDV
£0
Gross Dev Value
Gross Profit
£0
GDV − TDC
Profit on Cost
0%
Profit ÷ TDC
Margin on GDV
0%
Profit ÷ GDV
Gross Yield
0%
Rent ÷ TDC
Net Yield
0%
Net income ÷ TDC
Monthly Cash Flow
£0
Net income ÷ 12
Annual Cash Flow
£0
Net income p.a.
Payback Period
—
Years to recover TDC
5 & 10 Year Income
5-year net income£0
10-year net income£0
No log entries yet.