Market Updates

Does your garden have potential to change your life forever?

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With mounting pressure on local authorities to release land for development and on regenerating brownfield sites, more and more new developments are being created by what’s been harshly labelled ‘garden grabbing.’

The phrase is related to the practice of people who own large back gardens of established properties selling sections of it to developers and earning large life changing sums from it.

This is often done when neighbours get together and create what’s called land assemblies – very often this is an equal amount of their respective back gardens that can form a potential development site for future homes.

Nicol & Co Estate Agents, are part of the national Land & New Homes Network and have the necessary experience and expertise in putting together both straightforward and complicated land package assemblies.

We offer a confidential and no obligation consultation including valuation on your property as it stands, and its potential value if planning were successful.

The size of your own garden or land is not necessarily critical to its potential as many of the local areas recent developments have been made possible via the assembly of several available gardens/plots together.

Here are some things you need to consider:

•         You must own the freehold

•         Conservation areas can present problems 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

•         What does your neighbourhood’s local plan say about your area?

For further information and a confidential appraisal of your land, contact us and we will arrange to visit your land, assess its potential in accordance with the local neighbourhood plan and advise whether your garden has further development potential.

[email protected]

01905 930404

 

Matt Nicol
Managing Director
Nicol & Co Estate Agents