Approximate Total Project Value: £6m
Vendor: Hanover Housing Association
Bluecroft aquired this car park site after another recent purchaser had pulled out due to planning and build difficulties. In part this was due to a neighbourings properties potential access over the site.
Bluecroft negotiated a win win soultion with the adjoining land owner which adjusting their access over the site, meaning the development could be built out.
Further to this Bluecroft also doubled the site capacity via clever design, and which allowed allowing us to pay more for the site than the vendor expected.
The site has now been built out.