JLL Residential

Caesars Cottage - Valuation

caesars-cottage

situation

The property comprises a 1 acre plot with the benefit of planning permission for an 12,000 ft² (GIA) house in the exclusive St Georges Hill estate in Weybridge, Surrey. St George’s Hill is a well-established, much sought after private estate situated approximately 23.5 miles to the south west of central London. The consented proposed new build property will comprise a detached house arranged over basement, ground, first and second floors, with a leisure complex at basement level, a nanny / staff annex, and an integral garage all finished to a very high specification.

brief

Bank valuation for development finance. This required multi discipline input, including advice on the projected construction costs, from our cost consultancy team.

outcome

  • Report opined on Market Value for the site and also for the completed house, with advice and commentary on the level of specification required, together with estimated construction cost and timeframe to build.
  • Valuation delivered to the client ahead of time and bank finance released for development works.