I would argue that theirs more potential at BHD. It already has dual carriageway access, a modern new terminal, a large population within 20 miles of the airport. And a railway line which runs really close to it that could easily have a railway station built at.
The only thing that BHD doesn't have is a large runway. But that could be sorted easily and more cheaply than rerouting railway track at BFS, building a dual carriage way road to BFS from Antrim and Belfast and building a new terminal. That would easily cost more than 8 figures.