Group custom build opportunity in N19
The reason this caught my eye: Simply a really great location – these opportunities don’t come around very often
What’s the opportunity: The site benefits from a positive pre- planning application response from the London Borough of Islington for a residential scheme on the site 0.05 hectares (0.12 acres) for 6 houses
How much does it cost: Offers in Excess of £1.25 million, subject only to contract
What would I need to budget: Very approximately, I would expect that a 3 bed house of approx. 1200 sqft will cost in the region of £650-700k
What are the things to watch out for: No planning, the site will be hotly contested. Difficult site meaning increased construction costs. Bids will need to be in by mid November.
Next steps: If you’re interested in this opportunity then let us know. If we get enough interest, we will set up a Google Meet and discuss how we might be able to move this forward and how it might work in more detail.