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East Bay Mill

Build Tomorrow

East Bay Mill

East Bay Mill, Colchester

A neglected site on the banks of the River Colne was an ideal spot for redevelopment. Plans were submitted for the restoration of an existing Grade 2 listed Mill into a 3-bed house together with 19 new build homes.


Site with planning permission was sold to Chelmer Housing Partnership.

Purchase cost:£710,000
Planning and legal costs:£282,000
Selling price:£1,500,000
PROFIT:£508,000

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