TOTAL BUILD COST BREAKDOWN
e Bath Street Collective Custom Build project was completed as a block of flats, so many of the construction costs were shared.
is meant that the majority of scheme was paid for on a pro rata basis, according to the floor area of each apartment. e Kinsleys therefore paid 28.64% of the main contract sum (£252,948).
Some of the works were personal to a single flat, so the costs for these were removed from the pro rata arrangement and paid by the owner in question. For instance, provisional sums were allocated to kitchens and bathrooms, but the intent was that people would specify their own and have it installed by the main contractor. John and Jenny spent an additional £15,000 on these elements, taking their total build costs to £267,948 (£2,436 per m2).