Dev App Eastbourne

Question 1

What was your advice

Answer 1

Advice from a market perspective that there was a lack of demand for the larger units.
Rate per square foot was deflated
Market more suited to smaller one and two bed units and could achieve more units on this basis
All lead to improvements on the GDV

Question 2

What analysis did you present to the client

Answer 2

Simple sensitivity on the imputes

Scenario on the basis of the scheme

Question 3

What are the limitations to Argus

Answer 3

workings are hidden rather than explicit in excel

Question 4

Talk me through this instruction

Answer 4

Residual Valuation

• Instructed to provide strategic advice in relation to maximising capital receipt for the Client
• Undertook comparable analysis of the market and - - - - - Conducted a residual land valuation for the current scheme
• Advised that the market for larger (1,400 sq ft +) flats was limited and would damage the residual valuation
• Appraised a number of reconfigured schemes to advise on the most suitable and advantageous result