From £310k Bingo Hall to £2.3M Homes

Episode notes

Send us a Text Most property developments run late, over budget, or both. Not because developers are lazy. Because they’re running projects without systems. Anjuim Moied approached development differently. Before property, he ran businesses. So when he started developing sites, he treated them the same way: With systems. → A clearly mapped critical path → Project management databases → Software tracking every pound spent in real time Then he bought a derelict bingo hall in Woolston (Southampton). It had: → Lapsed planning → Heritage constraints → Complex foundations Many walked away (including the previous owner). Anjuim turned it into 10 flats + a dance studio. → £310k purchase → £1.3m build → £2.3m asset 43% return. On time. On budget. In this episode he breaks down the systems he used to deliver this project - and three other ~£2m developments. We’re also joined by Ben Mackett from Lloyds Banking Group, who finances developments every year and shares: → The warning signs lenders look for → Where developers’ forecasts usually go wrong → What separates developers who deliver from those who don’t If you’re building housing, this episode will change how you run your projects.

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