we never built any flats, not the best sellers in our area and to much to lay out before you get a return.
people like 2 bed bungalows on the essex coastal area, they are a cash purchase, as they are aimed at the retirement market. they are simple to build, start to finish in 10 weeks.
in the good times we would purchase a block of land, sell the plots off and make the same money with no work, they could then design and build their own properties, without us having to find people who liked our designs.
this attracted huge tax bill and vat bills and tax,vat investigations .