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Podcast: The Property Nomads Podcast
Episode: Crazy Bolton Council sells land for £4!
Description: Rob discusses a controversial decision made by Bolton Council to sell off land worth £1.2 million for just £4 to a property developer, Watson Homes. He explores the implications of this deal from both the perspective of the property developer and the council, highlighting the missed opportunity for the council to potentially enter into a joint venture agreement with the developer, which could have been more beneficial for both parties and the community. KEY TAKEAWAYS
Instead of selling off valuable land for a minimal amount, councils should explore joint venture agreements with developers to maximise the potential benefits for...