Breakeven Gross Development Value (Breakeven GDV) refers to the minimum total market value of a completed property development in the UK at which all project costs—such as land acquisition, construction, professional fees, and property development finance charges—are fully covered. At this value, the scheme neither makes a profit nor incurs a loss. Breakeven GDV is a crucial benchmark for UK developers and lenders, used to assess financial viability and stress-test development appraisals, especially in uncertain or fluctuating property markets where final sales values can affect the project’s success.
This sits beneath Exit Value Metrics (GDV, Stabilised Value, Reversionary Value), introducing a more specific variant of the measure without changing its core interpretation. It is commonly considered alongside Breakeven Exit Value, as both are closely related measures used to assess similar aspects of performance or risk.
View glossary entry