At Assetz Capital, we understand that finding the right land for development projects in the UK can be a complex process. While there is an abundance of land for sale, identifying the perfect sites to build on can be a real challenge. To provide you with a competitive edge, we’ve compiled a list of eight powerful strategies to help you spot lucrative development opportunities. Let’s dive in!
Unleash the Power of Footwork
For all the self-builders out there, nothing beats hitting the streets and exploring the neighborhoods on foot. Take the time to wander through your target areas, capturing potential development sites through photographs and making detailed notes. Don’t overlook the potential of large gardens in your vicinity; these could be hidden gems. If you spot a suitable garden, consider engaging the owner in a conversation to explore development possibilities.
Leverage the Right Websites
Once your footwork is complete, it’s time to delve into thorough research. Start by checking the local planning authority’s website to verify if the land is already earmarked for development. If you draw a blank there, conduct a quick search on the Land Registry website, albeit for a small fee. The Brownfield Land Registry is also an invaluable resource, encompassing sites suitable for future development beyond the conventional perception of brownfield land.
Employ “plot finder” websites like PlotBrowser, PlotFinder, and PlotSearch to identify land vendors and available plots. Additionally, platforms like Rightmove, Primelocation, Knight Frank, and Allsop can be reliable sources for listings. Stay proactive by setting up notifications on these platforms to keep abreast of new opportunities.
Uncover the Planning History
Before committing to any land purchase, conducting a thorough investigation into the planning history is paramount. Visit your local planning department or access their website to review the Planning Register, which documents recent planning applications for the site. This insightful information will aid in evaluating the feasibility of securing planning permission for your envisioned development. Keep an eye on properties undergoing planning application processes, as they could present viable opportunities once the approval is granted.
Trust in Expert Estate Agents
Should you find yourself short on time or prefer a professional approach, entrust your search to seasoned estate agents with property development expertise. The key to success with estate agents lies in presenting a detailed acquisition and development plan, illustrating your dedication and value. Networking and showcasing your potential will greatly assist in building fruitful relationships with these agents.
Engage Development Agents
For those seeking specialised development sites on a global scale, development agents are the go-to solution. Impress them from the outset by showcasing your unique value proposition. Demonstrating your worth can pave the way for valuable leads on undeveloped land.
Embrace the Power of Auctions
Auctions can be a treasure trove of new development land opportunities, but they require careful consideration. Conduct comprehensive research before the auction, set a firm budget, and be prepared for rapid decisions once the hammer falls. While the process is swift, the cost-saving potential can be significant.
Explore Public Land Opportunities
Public land sales must adhere to strict transparency regulations, making them an attractive option for development projects. Check your local council’s website for information on publicly available land. These sales often involve development agencies, presenting another opportunity to connect with reputable professionals in the industry.
At Assetz Capital, we recognise that discovering the perfect development land in the UK requires a comprehensive approach that includes on-foot exploration, meticulous research, and networking with industry experts. By embracing these eight effective strategies, you can elevate your potential for uncovering lucrative development opportunities. Remain diligent throughout the process, ensuring you secure planning permission before making substantial investments. With persistence and the right resources, you can embark on successful and fulfilling development ventures with confidence.
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