What a Waste
- Thread starter Wapping
- Start date
Hard life,
abused by all and cast onto the scrap heap
abused by all and cast onto the scrap heap
It was the the discarded council street waste bin, that caught my attention.
It’s on the corner of Cable Street (which runs east to west all the way to near enough Tower Bridge / Aldgate) and Butcher Row, which links the Highway to Commercial Road. The site must be worth a small fortune.
It’s on the corner of Cable Street (which runs east to west all the way to near enough Tower Bridge / Aldgate) and Butcher Row, which links the Highway to Commercial Road. The site must be worth a small fortune.
Sites like that are common in Australia,
Apparently its quite common, for people to purchase a plot of land, and then leave it for years,
When they then have enough funds they build on the site, can be decades in some cases
Apparently its quite common, for people to purchase a plot of land, and then leave it for years,
When they then have enough funds they build on the site, can be decades in some cases
very common in the UK, with hundreds of thousands of plots owned by the major developers
part of it is speculation on land values but another is the UK planning system that blocks sensible developments with bureaucracy and NIMBYism. To their credit, the current government is attempting to make planning less complex and more consistent from region to region.
I sort of know the person who owns this prime area of empty ground in Sclater street E1, which is used as a market on Sundays and parking for the rest of the time.
He paid £30k for it a long long time ago. Just recently he turned down £8million to buy it.
He wants £10 mill profit after tax. ..
I
I know it well and the Smokestak restaurant close by.
I sort of know the person who owns this prime area of empty ground in Sclater street E1, which is used as a market on Sundays and parking for the rest of the time.
He paid £30k for it a long long time ago. Just recently he turned down £8million to buy it.
He wants £10 mill profit after tax. ..
View attachment 397855
I know it well and the Smokestak restaurant close by.
Put it with the other 8 million probably.
I can vouch for that.
Instead of posh neighbourhoods, you can see million dollar homes with adjacent plots of scrub land or just a tin shack or drugs den on it.
It makes some places look like shit.
Even left fallow it’s going up in value which enhances the owners worth.
ISTR hearing something when I lived in Western Australia that there is some kind of covenant that if you don't develop the land within 20 years it returns to the state.
Daughter used too work for Persimmon homes...
They always owned the end bit in a cul-de-sac for future development or too stop
another development adjacent too it,
And too stop the developer gaining access...
They always owned the end bit in a cul-de-sac for future development or too stop
another development adjacent too it,
And too stop the developer gaining access...
There's a plot of land that's being proposed to be built on, but, it's in a bad spot for building access and parking would be a nightmare for the homes unless, they parked under the house and even then it would be bad access.
The council has previously said no but what I don't understand is, go back far enough and it was once a house or two which burnt down when I was little, so technically it's redeveloping what was once there already?
Years ago, my Dad and I went to look at a plot of land to build a pair of houses on (one each naturally) and we thought it would be nice with easy access to the main road but sufficiently away from it not to be bothered by the road, with space for nice gardens (for mum) and garages (for me and Dad). We didn't buy it, but there's actually a small housing estate on it now!
The council has previously said no but what I don't understand is, go back far enough and it was once a house or two which burnt down when I was little, so technically it's redeveloping what was once there already?
Years ago, my Dad and I went to look at a plot of land to build a pair of houses on (one each naturally) and we thought it would be nice with easy access to the main road but sufficiently away from it not to be bothered by the road, with space for nice gardens (for mum) and garages (for me and Dad). We didn't buy it, but there's actually a small housing estate on it now!
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