Gross Development Value (GDV)

Some facilities can cover a high share of cost when there is extra security or a strong track record. This page does not treat 100% of cost or 100% of GDV as a published HMO development product. Cash equity is usually required. Ask for a dated illustration on the scheme.

Profit is rent after voids, bills, finance and tax — not a brochure yield. A finished HMO can outperform a single let on the same street and still lose money if the build overran or the refinance GDV was optimistic. There is no single profit figure on this page.