Value - LR vs A new ground

[Hitman34]

I think you'd get way, way more than that for it. Redeveloped you'd get in the region of 200+ luxury flats that would sell for an absolute minimum of £500K going up to over £2-3M for the penthouses, so the value of that land would be more like £50M in today's market I reckon, maybe more. Take a look at this for a rough guide: https://www.primelocation.com/for-sale/land/london/

i was not thinking of redeveloping it. just selling it as is, should get around 20mil.

yep, to redevelop then sell, i would not say that your too far off.

last year, 3 acrs on nine elms sold for 50mil.

at loftus road, we are probably a foot print of an acr and half. i would guess 20-25 mil. but thats just a guess.

[davieqpr]

The money is to be made developing various properties owned by QPR Holdings. The new stadium is a way of making other planning permission more easy.

[dogsrrs]

Thanks Hubble seems there is a distinct difference in opinions really.................on this board Never

Bill also bear in mind the ground wouldn't be sold development , it would be developed as TF is already into development on old oak

[Olly]

Doesn't matter if there's a shortfall on LR. Our owners are loaded and want the new stadium, na na na na na.

[Bill]

I think you'd get way, way more than that for it. Redeveloped you'd get in the region of 200+ luxury flats that would sell for an absolute minimum of £500K going up to over £2-3M for the penthouses, so the value of that land would be more like £50M in today's market I reckon, maybe more. Take a look at this for a rough guide: https://www.primelocation.com/for-sale/land/london/

Thanks Hubble seems there is a distinct difference in opinions really.................on this board Never

[dogsrrs]

So how do you know we wont be getting a new ground.

My thread is not about new ground but us surviving.

What if we developed Loftus rd ourselves or with the Mittals and built luxury appartments with the obligatory
homes for the masses how much would that bring in.

Weare12 if you have a better idea let us have it as you seen to know whats what

Yeah I make you right Bill our chances of surviving at this level don't look good short term if at all if the fine that's mooted is implemented already there are clubs in div one that that have bigger stadia than us and the likes of Wimbledon looking build bigger than what we've got , how many housing units could be built at LR I estimate upward to a hundred at an average of 500k each ! Makes weares arguement of of LRs value compared to Linford Christy look a bit weak yeah
Ot

[Hubble]

Royal mail building and land in sw1 sold for 50 mil.

I think we would not get much more than 15 mil for our 1.5 acrs

I think you'd get way, way more than that for it. Redeveloped you'd get in the region of 200+ luxury flats that would sell for an absolute minimum of £500K going up to over £2-3M for the penthouses, so the value of that land would be more like £50M in today's market I reckon, maybe more. Take a look at this for a rough guide: https://www.primelocation.com/for-sale/land/london/

[Bill]

I still think if you flattened Loftus Road got the land behind school end and built out onto SA Road we could build a modern smart 25K+ stadium if done smartly. Might not have all the extras owners initially invisaged like hotels etc but could have decent ground with enhanced corporate/hospitality

Do know the club are wining and dining local businesses from Linford Christie area at todays game so that’s clearly option

Thats good so maybe there is a chance

[Bill]

Royal mail building and land in sw1 sold for 50 mil.

I think we would not get much more than 15 mil for our 1.5 acrs

Oh well just a thought thanks Hitman

[Bill]

We won't be getting a new ground so no point discussing it. So dog you think selling a small plot of land for one around the corner much bigger will cover the cost of it all? One of our owners has dismissed us getting one at old oak and even hoos only spoke about the training ground in the podcast even though both were mentioned. This ffp just adds more fuel to the plans.

So how do you know we wont be getting a new ground.

My thread is not about new ground but us surviving.

What if we developed Loftus rd ourselves or with the Mittals and built luxury appartments with the obligatory
homes for the masses how much would that bring in.

Weare12 if you have a better idea let us have it as you seen to know whats what

[dogsrrs]

We won't be getting a new ground so no point discussing it. So dog you think selling a small plot of land for one around the corner much bigger will cover the cost of it all? One of our owners has dismissed us getting one at old oak and even hoos only spoke about the training ground in the podcast even though both were mentioned. This ffp just adds more fuel to the plans.

Yes I agree we won't be getting a new ground so it's hypothetical , but yes I do think a small plot of land that comes with rights for development that makes it prime building land is definitely worth more than a bigger site around the corner that come with absolutely no development rights

[Kevin Mcleod]

We won't be getting a new ground so no point discussing it.

You heard something we ain't then?

[WeAreQPR12]

We won't be getting a new ground so no point discussing it. So dog you think selling a small plot of land for one around the corner much bigger will cover the cost of it all? One of our owners has dismissed us getting one at old oak and even hoos only spoke about the training ground in the podcast even though both were mentioned. This ffp just adds more fuel to the plans.

[dogsrrs]

Not an expert but I think LR development could more than cover the cost of a new stadium at the Linford Christy

[West Acton]

I still think if you flattened Loftus Road got the land behind school end and built out onto SA Road we could build a modern smart 25K+ stadium if done smartly. Might not have all the extras owners initially invisaged like hotels etc but could have decent ground with enhanced corporate/hospitality

Do know the club are wining and dining local businesses from Linford Christie area at todays game so that’s clearly option