Our on-the ground expert explains more…
Although harshly described by some as ‘garden grabbing’, selling a section of the land that your property sits on can be a smart move – and it can often free-up a life changing sum. If your plot’s too small, you can get together with one or more neighbours and create what’s known as a ‘land assembly’ and, typically, the bigger the site, the more appealing it will be to developers.
We’ve consulted and worked upon many deals like these over years and have the necessary experience and expertise in putting together both straightforward and complicated land package assemblies.
If it’s something you’re considering, we can provide you with a no obligation consultation
that includes a valuation based on the land as it stands today - and what the development could be worth tomorrow.
In the meantime, here are some points to consider:
• You must own the freehold
• Conservation areas can present issues in some instances
• If the garden is large enough, listed building status may not prevent development
• Think about access – corner sites are particularly sought after. Perhaps the new house can share the existing drive
• Large trees are not necessarily a drawback as a scheme might be designed around them and they could add to its attraction
• It is the planners who will decide if your land can be developed, not your neighbours, although they will listen carefully to their objections
• Consult your neighbourhood’s local plan as it will often offer valuable insight
For further information and a confidential appraisal of your land, contact us and we can advise you on whether it has further development potential.