Land for Dev - Radlett

Land for Dev - Harper Lane, Radlett

A 0.84-acre (0.34 ha) site comprising 2 large two-storey buildings with detached garages. The site is bordered by Harper Lane to the west, separated by a strong landscape buffer, and Bowlers Green to the east.

Planning consent has been granted to develop 9no. 3-bedroom houses. The total proposed GIA is approx. 993 sqm (10,689 sqft).

The proposed new homes have been designed to provide high-quality family living through generous space standards that exceed minimum requirements. Each house will benefit from a private rear garden and dedicated cycle storage. 23 parking spaces are proposed.

Key financials:
▪ Purchase price: £2,500,000
▪ GDV: £6,750,000
▪ Purchase costs: £54,750
▪ Refurb costs: £2,521,790
▪ Profit once sold: £1,157,545
▪ ROCE: 311%

▪ Sourcing fee: £50,000
▪ Investment required:

Please get in touch for further information.