£1.2M Profit or £600K Underwater? Which property deal sinks?

Martin Roberts and I are in the West Country between Bath and Bristol, mentoring Antonio — an Italian developer who turned a Grade II listed care home into a fully-occupied 12-bed HMO (and arrived in a 1926 Delage, the "Rolls-Royce of Europe"). We show him two deals with wildly different verdicts. 🌊 Deal 1: Riverside workshops by a lock in Saltford — auction guide £600K, potential 9-flat scheme, £2.7M GDV, £1.2M profit on paper. Stunning spot… until finance expert Scott reveals it flooded to the second step just six months ago. His score: ZERO. "The best deals you do are the ones you don't." 🏡 Deal 2: A 0.6-acre plot in Paulton with full planning for six 3-bed detached houses — £425K in, £2.4M GDV, ~£700K profit after CIL. Scott scale: 8/10. Plus his pro tips on show homes, staging and selling off-plan. And yes — Poodle the Fiat 500 needed pushing. Again. Antonio may never recover. ⏱️ CHAPTERS 0:00 Meet the mentors — Bath & Bristol 1:16 The riverside site (and a very convenient pub) 2:58 Antonio arrives in a 1926 Delage Belleville 4:14 From care home to 12-bed HMO 6:10 Deal 1: Riverside workshops → 9 flats? 8:50 The balcony money shot 13:11 Scott runs the numbers: £1.2M profit on paper 15:54 "A great way to lose £600,000" 17:54 The Scott scale says ZERO 20:20 Three men, one tiny Fiat 500 21:32 Pushing Poodle… again 22:01 Deal 2: Paulton — 6 new builds for £425K 26:17 £700K profit after CIL explained 31:30 Scott scale: 8/10 + show home secrets 33:11 Head vs heart: which would WE buy? 35:26 That's a wrap on Series 2! Want to take part in Series 3? Get in touch at propertymentors.tv Access my Property Development Ai Avatar for FREE - https://www.nicholaswallwork.com/ NEW SERIES OF PROPERTY ELEVATOR! Watch now: https://www.amazon.co.uk/gp/video/det... 🏠 Want to learn more about the world of property development? Visit my property education website: https://www.nicholaswallwork.com/prop... 📱FOLLOW ME ON SOCIAL MEDIA: Instagram:   / nicholas_wallwork   Facebook Page:   / thenicholaswallwork   LinkedIn:   / nicholaswallwork   📚I WRITE BOOKS: Buy my new book "The Extraordinary Millionaire," here - https://amzn.eu/d/bpycPlB My other books - https://amzn.to/4g5CWvv For any speaking or collaboration enquires, please email [email protected] #permitteddevelopment #propertyelevator #propertyinvesting #investinginproperty #propertyinvestinguk #propertyexperts #propertyspecialists #planningpermission #coaching #dragonsden #ukpropertyinvesting #propertyinvestor #propertyinvestment #landlord #landlordadvice #landlordlife #entrepreneurlife #finance #money #viral #findingmoney #angelinvestors #angelinvesting #nicholaswallwork #propertydevelopment #propertydeveloper #propertyconsultant #developmentconsultant #propertymentors #propertymentor #ai #openai #artificialintelligence