What does a feasibility study tell you?
What can be consented on the site, rather than what could physically be built on it. Those are different numbers, and the gap between them is where most development money is lost.
A study tests the realistic quantum against local policy and the site's actual constraints — access, levels, daylight, amenity, parking, designations — and reports it as a figure you can put into an appraisal, with the reasoning shown.
