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  • Refurbish/Develop

    Land for development

    Unfortunately a plot of land I was considering  buying (was included in a property purchase with over 1 acre of land) to build 4 or 5 four bed houses has fallen through. Had a option contract to purchase given planning permission granted but after some pre planning consultation was advised this had a high percentage of not getting planning.

    I have an investor that is potentially going to invest £1 million offering him a 10% fixed fee for a property development - new build. Meeting him in July in Switzerland. Plan is maybe build refinance or build to rent. Problem is I am now stuck in offering him a development site.

    Does anyone have a suggestion for good land sourcing sites (happy to  consider both with planning or without) or happy to consider a JV opportunity.

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    I'm confused.

    Taking a 10% fee on £1M aren't YOU supposed to be the expert here?

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    Is a staggered return - the 10% is on a certain portion of the million and lower rate above a certain level - not based on the whole amount. Plus the returns we had calculated on the GDV left plenty of profit (for worst case scenarios).

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    I have a site with planning that I have just concluded Section 106 agreement on. It has planning for a detached housing development and a 10% affordable housing contribution. I was thinking of getting a builder to build out units or maybe a JV opportunity.

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    Hi Nova, yes can you message me here and we would be happy to review it.

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    We are seriously looking at several sites, which an investor might buy into; they will become individual and group self and custom build plots. 

    The investment funding is needed possibly to purchase the land, and definitely to put in the infrastructure (access road & utilities), before selling the plots. 

    Thanks to the Right to Build this is a less risky and quicker investment than speculative building on the land. Some of our potential sites already have PP, others are close.  If interested, let me know, in case any or all are still available.

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    Yes Bearnev,  can you message me here and we would be happy to review it.

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    Are you only looking for plots of land for housing development only?

    There is an interesting plot of land for sale locally to me with planning permission for 6 flats plus 1 retail unit.

    Located close to a city centre with subsequent access to amenities including universities


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    Yes, can you drop me a message and happy to look over it.

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    Unfortunately, still looking if anyone has any land deals they are aware of.

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