Group custom build opportunity in SE25
The reason this caught my eye: This is a nice sized development in what looks like a decent location. SE25 is up and coming – and therefore pretty reasonable!
What’s the opportunity: Planning consent granted for a terrace of 5 houses @ 105m2 (1129 sq ft) Site area 782m2 (8417 sq ft)
How much does it cost: Land is guided at £1,150,000 = £230k per plot. Foundations, services + building would cost in the region of another £350k per house.
What would I need to budget: For a 105m2 house – you’d need in the region of 600k fully finished
What are the things to watch out for: Bit far from the train station – so commuting might be a pain – but who’s commuting these days?!
Next steps: If you’re interested in this opportunity then let us know. If we get enough interest, we will set up a Google Hangouts call and discuss how we might be able to move this forward and how it might work in more detail.