£490,000 profit on a mixed-use scheme, converting underground space and Assisted Sales with EXP Property

Tej Talks: Being Better

English - January 07, 2021 04:30 - 1 hour - 98.1 MB - ★★★★★ - 3 ratings
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Previous Episode: £648,000 Raised, £325,000 equity created, 555k listeners and Stress: Tej Talks 2020

Next Episode: 12 more BTLs, £500k in Dev Profit, 25,000 followers and much more: Tej Talks 2021

What a range of fantastic deals, I'm grateful I could film some content on-site at the 3 key projects EXP have worked on lately. It was great to see the quality of finish, interior SWAG and the creative approaches they use.

Their pipeline is big, and given they boh have such different skill sets - they come together to work so well, and combine those strengths and passions.

Here's the figures from their Mixed-use Commercial in Reading:

Purchase & Costs: £810,000Development Costs: £650,000Finance Costs: £150,000
GDV: £2,100,000
Gross profit: £490,000

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