Selling off part of garden

Grenage

2tired2tango wrote: »

My mums garden is roughly 10.5 meters x 34 meters. we have been approached by a neighbour that would like to buy roughly 2/3 of it 22x10 meters.
The land is totally landlocked no road access and no chance of building on it.
He has offered to pay £2000 plus all legal fee's and take care of everything
Does this seem like a fair price

Obviously it depends on your location, but 2k for 210 square metres seems incredibly cheap. I'd go as far as saying it's taking advantage of the elderly.



Down here in Portsmouth, I'd pay 20k+ for enough extra space to build another garage. Losing 2/3 of your garden is going to devalue the house by a lot more than 2k, so you're effectively losing money from the off.



If it's a pain to maintain, sow some shrubs and wildflowers and let it go to nature.

robatwork

Counter with £50,000.

Then negotiate from there.

Davesnave

Grenage wrote: »

Obviously it depends on your location, but 2k for 210 square metres seems incredibly cheap. I'd go as far as saying it's taking advantage of the elderly.

To put it in context, the plot is virtually double the size of a plot I sold to 4 neighbours for £20k in 2012.

That was also in a conservation area, where there was definitely no chance of building a new dwelling, but it enabled the other owners to consider extending their houses; something that's hard when the garden is 15' long! So far, no one has.

People put little value on garden land. I was offered £5k originally. Then they paid a surveyor to value it, and offered (I think £8k.) I just laughed and told them to come back with £20k when they were ready, which they did, eventually.


No one will be able to claim adverse possession on the land if you let it to them for a modest amount, with a simple formal agreement. If the guy won't play ball with that, he sees an advantage somewhere in having full control.

LilElvis

Another example for you.

Fourteen years ago 8 of my neighbours sold roughly 2/3 of their gardens, each much smaller than your mother's plot, to a developer for £50,000 each.

My house, and my immediate neighbour's, were needed to provide the access to the dozen (small) new houses and we each were paid more than double the market value.

jimbog

Can you get onto Google maps and copy over an aerial view of the surrounding area?

eidand

2k for a good chunk of a garden? OP, you're an amazing seller, I'll buy that land off you, right now!

moneyistooshorttomention

eidand wrote: »

2k for a good chunk of a garden? OP, you're an amazing seller, I'll buy that land off you, right now!

Well I'd bite their hand off to get it at that price - and I'd be intending to keep it as garden and genuinely extend my garden.

[Deleted User]

If the upkeep is a problem why not put up a fence on the area in discussion and let it grow. out of sight, no potential for future development and extra wildlife.

2tired2tango

jimbog wrote: »

Can you get onto Google maps and copy over an aerial view of the surrounding area?

Trouble is it has the names and places near my mums address and im not putting that up for the world to see

mije1983

2tired2tango wrote: »

Trouble is it has the names and places near my mums address and im not putting that up for the world to see

You could draw a basic layout if you don't want to put the map up. Or cover up the road names etc.