Sammysmiths
Well-known member
The land behind my house is currently up for sale (at what we think is a vastly, over-inflated price).
The land is sloped, boggy, overgrown, many large trees, a beck, and does have council environmental drainage system at the bottom of the slope.
There are approximately 10 houses overlooking, that back onto the land.
Many years ago there were 2 stables on the land, and horses were kept there. However, it is now out of control, overgrown and probably useless.
I wouldn't think building regs would be granted due to the layout, and any would-be purchaser would have some serious work to do to bring in utilities and get around the drainage problems and uneven layout. A dwelling would have to be worth millions to get over the cost of work to bring the land up to standard to build on.
Im no expert so just wondering if anyone has had any experience of buying land, and what are the various pricing influences?
All 10 houses would like to buy the land to preserve the nature and leave it as it is. But we wont pay the ransom they are currently expecting to achieve.
The land is sloped, boggy, overgrown, many large trees, a beck, and does have council environmental drainage system at the bottom of the slope.
There are approximately 10 houses overlooking, that back onto the land.
Many years ago there were 2 stables on the land, and horses were kept there. However, it is now out of control, overgrown and probably useless.
I wouldn't think building regs would be granted due to the layout, and any would-be purchaser would have some serious work to do to bring in utilities and get around the drainage problems and uneven layout. A dwelling would have to be worth millions to get over the cost of work to bring the land up to standard to build on.
Im no expert so just wondering if anyone has had any experience of buying land, and what are the various pricing influences?
All 10 houses would like to buy the land to preserve the nature and leave it as it is. But we wont pay the ransom they are currently expecting to achieve.