gross development value
What a property is expected to be worth once the planned works are finished.
Gross development value, usually shortened to GDV, is the end value: what the property should sell for, or be valued at for a refinance, once the works are complete.
Lenders size refurbishment facilities against it, and margin is usually quoted as a percentage of it. An optimistic GDV is the single easiest way to make a bad deal look viable, which is why it is stress-tested rather than trusted.
Where this comes up
- Red Team stress testing: finding the fragile deal
Nine scenarios move the value, the works, the rate and the timeline — one at a time, then together. Only single-factor losses cap the score, because a deal…
- The exit matrix: a position, not a bet
Sell, refinance and hold, rent, or assign — every way out of a property costed side by side and after tax. A deal with one exit is a bet on that exit; a deal…
- Net advance: what a bridging facility really releases
A facility is not a cash sum. Where interest is retained it is deducted at drawdown, so the net advance is smaller than the headline. A capital stack…
- When a deal pack becomes a financial promotion
Direct property purchase sits outside the perimeter. Package it, share it, or publish a return, and the same pack becomes something only an authorised person…