Do you own land withdevelopment potential?
A large garden. An unused plot. A paddock or field. Redundant buildings. Former commercial premises. Land suitable for development can take many forms ā and its potential isn’t always immediately obvious.
At Whitlocks, we help landowners understand what they have, what might be possible and what their land could potentially be worth. Valuing development land requires a very different approach from valuing an existing home. Its value can be influenced by what could realistically be built, local planning policy, access and infrastructure, development costs, buyer demand and the eventual value of the completed homes.
When assessing a potential development site, we don’t look at the land in isolation. We work closely with local architects, planning consultants and other specialist professionals who can help us explore the opportunities and constraints of a site. Combined with our knowledge of local property values and buyer demand, this gives landowners a much clearer picture of what may be achievable.
Where appropriate, this collaborative approach can help consider questions such as what type of development may be suitable, how planning considerations could affect the opportunity and what the completed homes might ultimately be worth. You don’t need to have plans drawn up or know whether your land is suitable for development before speaking to us. That’s part of the conversation.
If a site shows promise, we can help you understand the next steps.
That may mean exploring the planning potential further, seeking specialist advice, considering how the land should be presented to the market or identifying developers and housebuilders who may be interested in acquiring it.
Our role is to help you make an informed decision about the best route forward.
Securing the best outcome isn’t necessarily about accepting the first or highest headline offer.
Different developers may see different potential in the same site, and the structure of an offer can be just as important as the figure itself.
Whitlocks can position your land appropriately, introduce the opportunity to suitable developers and housebuilders, and help you navigate the process from initial appraisal through to an agreed sale.
Talk to Whitlocks before you make your next move. An initial conversation could help youĀ understand opportunities you may not have considered.
