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Help me appraise development options please

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I'm moving from pure domaining to domain development. There are 2 options I'm interested in. I was wondering which might be more profitable overall. Your thoughts would be appreciated.......

Option one -

I've got around 200 mixed UK geos and geo generics - nothing fantastic, though e.g. 'place name' .org, 'place name' + Guide .co.uk. I could build each domain into a 2 or 3 page minisites with hotels, carhire, affiliate ads, whatever..........

Small easy sites - could probably churn out the 200 in about 4- 8 weeks (I have a day job as well).



Option two -

I have a small number of geo - generics relating to one large city in the UK - the names are like 'cityname' +Pubs, 'cityname' +car rental, 'cityname' + Entertainment and so on. So I could concentrate on 6 or 8 of these. Some would be directory sites, others article sites. Take longer to develop, but more revenue options later on.

So its really a question of large volume versus small niches - what would you advise to maximise returns?
 
I have a small number of geo - generics relating to one large city in the UK - the names are like 'cityname' +Pubs, 'cityname' +car rental, 'cityname' + Entertainment and so on. So I could concentrate on 6 or 8 of these. Some would be directory sites, others article sites. Take longer to develop, but more revenue options later on.

Is the city already very well covered by other sites? Is it a "rich" city or a "poor" city (sorry if that sounds blunt, but...) i.e. will there be plenty of businesses with decent advertising budgets?

If the answers are "no" and "yes" respectively, then this is probably the better option. Could be easier to be king of a small territory than to gain a small foothold across a very large area.
 
Thanks Edwin, The options are to either go for a slice of a geographical area or go for a slice in the hotel/ carhire business in a range of areas.

I was thinking along the lines of -

1.) 200 sites like this

or

2.) half a dozen like this
 
We are only talking about approx 8 weeks for option 1. Once they are built they will not need to be touched, leaving you to concentrate on option 2.


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