This project was simply a land purchase and sale. This opportunity presented itself as a site that had not been fully utilised. The current planning permission was granted for a pair of semi-detached homes. The site however could easily support a block of apartments.
In partnership with an investor, we purchased the site and drew up draft plans for a block of seven apartments which the local planning department were in favour of. On that basis we were able to sell the site to a local housing association who will take our designs and create a bespoke building for their needs. Our investor received a return of 12% per annum, fully secured with a charge on the property. This kind of opportunity requires an entry level amount of funds and is very simple from start to finish.
To find out more please call our team at Oxygen Projects on 0115 824 2282. We would be happy to run through the details and sit down for a coffee if we agree that the opportunity is right.