Selling before or during building work next door?

cjmillsnun

Do remember that the planning applications and permissions nearby will show on a planning search should the buyer choose to have one carried out. It may be best to come clean about the potential development and price accordingly.

jimmyjudas

Thanks for all the comments everyone! A few responses for you:

I should probably clarify that when I said I didn't want to be a landlord I meant that as a long-term thing - I'd be happy being a landlord for a couple of years if it means not losing out when I sell.

It's a small developer so yes, might take longer, plus I'm basing my (admittedly pessimistic) timings on a block of student flats being built nearby which has been going for 6 months and still has no walls! They're both 5+ floors so maybe not as quick as being able to throw up a couple of houses. That said, I like the idea of contacting the developers to ask for their expected timings so might go that route.

Finally, as for having to disclose the planning - I fully intend to be open about it as I actually think it helps by removing uncertainty about what potential monstrosity might have been built outside my window!