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Built to Rent

 — 

Central Tower Luton

£6.7m+
total return
£2.8m+
cap growth (3yr)
-£1.9m+
net equity (12mth)
36mths
equity returned
£9.6m+
total return & cap growth
232
total return on equity

Central Tower Luton

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Fact Sheet +
Project GDV – £32,000,000.00

GIA
NIA
Constr. PSF
Total Constr.
Fees
Interest
Land & Net Constr.
Total Constr.
Debt LTV
Equity No Sales

Unit breakdown
Studios
1 Beds
2 Beds
3 Beds
4 Beds
Average sales










Psf rates
£500
£500
£500
£500
£500
£500

80,000
64,000
£220
£17.6m
£1.232m
£1.82m
£23.475m
£20.652m
£21.127m
£2.347m

No. units
0
68
0
0
0

Gross profit no interest – £8,525,000.00

Central Tower Luton

Download
Fact Sheet +
Site Valuation – £5,000,000.00

Saving
Price Cash
Overage
Stamp Duty
Legal Fees
Tenure
Type
Interest
Total Site Costs
Debt LTV
Debt LTC
Equity No Mezz
Equity Mezz
Option
Plan Cost
Plan Period
Plan Uplift










65%
65%






£400k
£4.6m
£-
£23k
£20k
Freehold
Corporate
£130k
£4.643m
£3.25m
£2.99m
£1.653m
£1.393m
£-
£150k
12 mths
£5m

Central Tower Luton

Download
Fact Sheet +
  • High density residential mixed use scheme in Luton
  • Inward investment estimated at £3Bn, from private developers & Council
  • Situated next to Luton mainline station, with international road, rail, air links
  • Iconic 11 Storey scheme in the Central Business District of Luton
No items found.

Central Tower Luton

Download
Fact Sheet +
  • High density residential mixed use scheme in Luton
  • Inward investment estimated at £3Bn, from private developers & Council
  • Situated next to Luton mainline station, with international road, rail, air links
  • Iconic 11 Storey scheme in the Central Business District of Luton

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