Custom development appraisal for a 58-home housing co-operative on a former NHS site in North London.
We were engaged by Gida’s team to support them with the financial model in their Invitation to Tender (ITT) for the site. We started by trying to understand their vision, operational structure, and aspirations for long-term affordability. We worked collaboratively with stakeholders such as the GLA, Peabody and Haringey Council to provide a funding solution that worked for Gida’s unique circumstances.
Key Elements
- Custom development appraisal modelling based on the proposed housing mix and London Living Rent levels
- Long-term cashflow projections for rental units
- Analysis of grant funding potential and alignment with local policy priorities
- Stress-testing of scenarios to help the co-operative manage future risk
- By taking the time to understand the unique financial and governance context, we created a model that did more than validate the numbers—it empowered Gida with the insight needed to make strategic decisions confidently.
Our appraisal gave Gida Housing Co-operative the clarity and confidence to progress to the next stage of their development journey. The model was used to inform conversations with funders, local authorities, and Peabody.
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