This development rocketed above the figures allowed during planning, but with a healthy profit margin predicted, Richard and Isabel had some margin for error. That said, with costs escalating out of control, it remains to be seen as to whether there's still a profit to be had from this unique development.
Basement excavation: £110,000 (£195,000)
Labour & materials: £65,000 (£110,000)
Kitchen & bathroom: £30,000 (£40,000)
Decoration: £2,000 (£33,000)
Landscaping & external: £3,000 (£29,000)
Fees: £10,000 (£53,000)
Total: £210,000 (£450,000)
Overspend: £240,000
The latest analyses from 4Homes' property experts
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