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The Land Profits Community

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Property Site Finder

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2 contributions to Property Site Finder
Walthamstow deal
Morning all, Anyone looking for a deal in Walthamstow I have done a review on resales and I attach prices. If you want to chat it through drop me a message. And the pop group reference - if you know, you know.....
Walthamstow deal
2 likes โ€ข 19d
Hi Adrian I know the area well our yard is 2 min walk from this site I think your GDV is somewhat too ambitious at this time. Iโ€™m waiting on a social housing provider Iโ€™ve dealt with on what they will pay for the units I will then recast an appraisal I understand that they also reduce current values by 20% to cover fees etc What would you believe build out and finance all up to be? I also understand that the owners are quite local and would look to build out if the scheme proved attractive enough
Good news for developers
Our industry, like many others, has felt tough for a while. I tend to define it as โ€œpost-Trussโ€. Since then, confidence has wobbled, costs have risen, sales periods have lengthened, and there hasnโ€™t been a huge amount to celebrate. So when something genuinely positive happens, itโ€™s worth sharing. The CGI attached is a scheme of 9 apartments in Hitchin. Practical completion is due this Spring. And hereโ€™s the bit that made me smile.... 8 of the 9 units are under offer before completion. Every developer reading this will know how rare that is. The usual pattern I see is: - 1 or 2 under offer at best - A nervous launch period - Buyers wanting to see bricks and mortar before committing Which is understandable. Buying a home is one of the biggest financial decisions most people ever make. But 8 pre-sold before completion? Thatโ€™s a strong signal. It tells me: - Good product still sells - Sensible pricing matters - Location and specification still count - Confidence is there, selectively This isnโ€™t blind optimism. The market is still disciplined. Buyers are still cautious. Lenders are still measured. But when the fundamentals are right, deals get done. For anyone feeling the weight of the last couple of years, this is proof that well-conceived, well-priced schemes are moving. Sometimes we need to celebrate the wins. Who else is seeing signs of confidence returning? PS. the developer we supported on this scheme with funding isn't in this room yet, but I'm working on that!
Good news for developers
2 likes โ€ข Feb 19
thats an impressive design and place to live
1-2 of 2
Stephen Steliou
1
1point to level up
@stephen-steliou-5373
Stelwood Ltd Design and Build Contractor Essex 40 plus years in new builds and renovations in the Private and Social market in North London & Essex

Active 11d ago
Joined Jan 26, 2026
Essex