Why you might be sitting on a Goldmine…

Rightmove reported this week that buyers in many parts of the country are seeing the highest proportion of properties marked as ‘sold’ than at any time in the last seven years.  If the price is right then properties on the market will soon find a ready buyer.

However, this also shows just how short of ‘stock’ the UK housing market really is right now.  The Government is committed to building 1m new homes in the next 5 years, but how will it be done?

That’s why you could be sitting on a veritable goldmine.  If you have a large garden, side plot, agricultural building or outbuilding with potential for development, now could be the ideal time to get professional advice and cash in.

First things first – not every large garden or side garden will have development potential. There are a whole host of things that affect planning consent and it’s important to take professional advice right at the start.
IOW Planning   Policy is very specific when it comes to development in garden settings.
Planners will pay particular attention to:
 – The affect on neighbouring properties;
– Height & ‘fit’ with the neighbourhood;
– Pedestrian and vehicle access;
– Possible future development in the location.
Other key considerations are the costs of installing gas, electricity, drainage and services to the new development and detailing the ground works required to create a pleasant landscape.  It is important that the new property does not detract from the appeal of the existing house.
Trigg & Co have literally years of experience when it comes to development and land appraisals and we will be happy to give you our initial advice free of charge and without obligation.  Our Managing Director Keith Trigg is himself an NHBC registered builder so he really knows what he is talking about.  We work hand in hand with local architects and other specialists, so you can be confident that you will get the very best advice and the optimum price – whether you decide to sell the plot, build the house yourself or sub contract to a local developer.
There is a very healthy demand on the Island for single building plots especially in village locations.  It is often advisable to obtain planning consent before putting the plot on the market to maximise the value.  We will give you tailored and plot specific advice that helps you to meet your own personal objectives and plans.
Do you have an agricultural building?  There have been recent changes to Rural Planning Policies which in simple terms, allow the conversion of farm or redundant agricultural buildings to residential dwellings without the need for planning permission.
These changes are to your ‘permitted development rights’ and allow you to create up to THREE dwellings, turning redundant and almost worthless buildings into high value assets.
So you could literally be sitting on a goldmine, and there has never been a better time to find out what you might be able to do with your land or buildings.
Don’t delay – find out what you could do with your landplease call our Managing Director Keith Trigg for a personal and confidential initial discussion and appraisal.