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Buy bit of garden
Sunflowers
Posts: 19 Forumite
We live next to a house that has been derelict for several years. Owners got planning permission to build a 4 bed house on the plot and it was for sale at a local auction a few months ago for £230,000 but did not sell. We back on to part of the plot and would be interested in buying 1/5th of the plot to give us a garden area. How much (or how little) should we offer for the land?
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Comments
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There's no fixed amount. Only you would be a potential buyer, but the whole plot (or not) makes the house attractive/not to their future buyer. Therefore it's a haggle between what it's worth to you (how much you want it for enjoyment/any perceived increase in the value of your house) -v- how much their whole plot wants/needs that piece too and whether losing it would make selling the house harder for them.0
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I would think that selling you the land may effect their planning permission. Is the planning for another house on the plot or for knocking down the current house?0
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I believe it is for both. The plot is about 150ft long build and we would like approx 30ft at the end of the back garden, which would'nt affect the planned building.0
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But the planners would have considered the size of the plot for the proposed building.0
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