GDV and CIL working numbers
- GDV: 540 to 840 £/sqft
- Mid GDV: 660 £/sqft
- Borough CIL: 130 £/sqm
- Mayoral CIL2: Z2
Lewisham CIL Zone 2 residential.
Local context
- SE13 covers Lewisham, Hither Green and Ladywell. Period conversion stock dominates.
- Lewisham CIL Zone 2 £130/sqm residential.
- Bakerloo extension uplift remains contingent; do not capitalise speculative GDV.
- Conversion schemes pencil at 17 to 19 percent PoC at current build cost; new build tighter.
Open the workbench
Inputs
MAX LAND BID£889,229At 20% profit on cost, 9 units, 950 sqft GIA each.
MARGINAL
GDV£4,796,550
Build cost£2,422,678
Prof fees£290,721
s106/CIL/BNG£81,900
Contingency£209,647
Finance interest£214,102
Target profit£643,810
Total costs (excl land)£3,219,049
Senior debt @ LTGDV£3,117,758
PoC16.8%
PoGDV14.3%
LTC75.9%
Sensitivity (PoC %)
Build -5%Build +5%Build +10%Build +15%Build +20%
GDV -15%18%20%15%11%6%
GDV -10%18%19%20%17%12%
GDV -5%17%18%19%20%19%
GDV 0%16%17%18%19%19%
GDV +5%16%17%17%18%19%
Cells show profit-on-cost percentage at each GDV stress / build-cost shock pair. Cells below your target PoC turn amber-warm; cells below 10 percent abort.