Ebbsfleet Garden City finally developing
"Roland Perry" wrote in message
...
In message
-sept
ember.org, at 07:20:24 on Fri, 6 Apr 2018, Recliner
remarked:
Countryside Properties, Clarion Housing Group and Barratt Homes have
struck
a deal to buy land for 2,900 homes from landowner Henley Camland, which
confirmed it had taken over the sites from original owner Landsec just
last
week.
The cost of the land is understood to be just under £300m to the
housebuilders, with the finished value of the sites nearing £1bn.
So that's about £350k per house; of which £100k is its share of the land,
another ~£100k for the construction of the house, plus £150k for building
the roads and drains, contributions towards schools and other amenities,
subsidies for "affordable" homes,
ITYF that the latter comes in at about 30K per house
and a small profit for the developer.
leaving a big profit for the developer
tim
--
Roland Perry
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