OX14
Well-known member
- Joined
- 11 Aug 2019
- Messages
- 8,262
Looks like it is a 4.5 acre (ish) site, developers can happily get 18 houses per acre so conservatively lets say 75 potentially on the site, so even if you equate only £50k profit per unit that is £3.75m. So people like this are speculating and only need the odd one of these sites to gain planning permission to give a handsome profit and cover the costs of any other land acquired, which can be sold at a loss if required. So no initial return but potentially very profitable returns!
Who would of guessed Ian Rush being the next Kassam.