"Land is the basis of all wealth" - Adam Smith
8:36pm Wed 19th Nov 2008

Opportunity Details

Millfield Green

Tarvin, Chester, Cheshire. CH3 8JP

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Description

The site, measuring approximately 6.75 acres meets every demand that a property developer would have in locating a site suitable for
development:

  • Just a few miles from an area of Chester that has recently been heavily documented in the press as being an area the Deputy Prime Minister has directly mandated for development.

  • Recent proposal for dispersed development lists Tarvin as a main focus area for new development.

  • Just a couple of hundred yards from a number of recently developed sites.

  • Has excellent road links - adjacent to the main A556 which links Manchester directly to Chester.

  • Has direct access to all services,Water, Electricity, Telephone and Sewage.

  • Site is just the right size to be granted planning permission - any larger development may be seen as a major blot on the landscape by planning committees.

  • Site topology lends itself to a fabulous, single sided site, which gifts all future home owners’ fantastic views over sprawling fields.

  • 300 hundred yards from the centre of the small but popular village of Tarvin, which is home to a number of beautiful, old fashioned English pubs, beautiful churches, convenience stores and post office.

Entry Level

Plots prices starting at just £7,500 for minimum 1,500 sq ft plot size.

Plots big enough to build 3 to 5 bed house. 4 bed houses in location currently selling for around £400,000. (Source: RightMove)

Because land is worth 1/3rd of property prices, a 1500 sq ft plot
acquired for £7,500 today may be worth £133,000 in a few years.

That equates to a 1,673.33% increase in that plots value.

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Return On Investment Projection

  • Favourable Payment Terms Available.
  • 24.8% Annual Capital Growth Projection.
  • 200% ROI Projection - when land shortly receives 'outline planning' permission.
  • 600% ROI Projection - when land receives imminent 'full planning' permission.
  • Over 90% of site sold.
  • 10% Price In in July 08.
  • Further 20% Uplift in Site Value Once All Plots Sold.

Seven Step Criteria

  • Close proximity to other housing developments!
  • Situtated in logical path of future urban growth!
  • Excellent road access!
  • No onerous covenants!
  • Does not fall within flood plains!
  • No contamination!
  • No pylons!