All terms
finance
GDV (Gross Development Value)
The estimated market value of a property after refurbishment or development is complete. Underpins BRR maths and bridging LTV calculations.
In simple terms
What the property will be worth when the work is done.
Example
Auction price £85k + £30k refurb → GDV £160k. Refinance at 75% = £120k released.
If you're buying
Verify GDV with three local agent valuations before committing.
If you're selling
Investor buyers price on GDV minus cost minus profit — that's why their offers look low.