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We acquired this freehold site and purchased using our own funds at a net value of £92.5k having the benefit of outline planning permission for options of housing or flats.
We gained full planning permission having assessed the best needs for the area and best fit of housing type of the site to maximise build options, local need and GDV from the land size and boundary lines resulting in planning gain and additional forecasted profit.
WHITE HORSE
INVESTMENT OPTION
Private investor funding for the purchase has now been repaid.
This site had a truncated shape and allowed us to add in our FPP proposal to gain an extra unit without huge detriment to the build development space and in keeping with the local area needs.
This has produced a three terraced house scheme of a GIA of 114sm each, ground floor open plan living area to the ground floor large landscaped gardens and ample parking to the front.
SITE IN PROGRESS
We have secured this project and currently looking for investment. We have our initial drawings and are looking forward to start construction.
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