We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
New "Have a Look at This" thread
Options
Comments
-
Well, the listing does say "Hope for future value & development".ProDave said:
Well you won't have any neighbours as you won't be able to build a house and live there. You will own a tiny bit of agricultural land alongside a load of other mugs who have also bought tiny portions of the field in the hope they can build a house there.in_my_wellies said:https://www.rightmove.co.uk/properties/140997506#/?channel=COM_BUY
Ideal if you don't want neighbours - pic 12
If permission is ever granted then you will own a tiny plot in the middle of a dense housing estate of tiny plots.
This is verging on fraud even mentioning you might be able to build a house there.
Her courage will change the world.
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.0 -
That is the bit that stops it being actual fraud.FreeBear said:
Well, the listing does say "Hope for future value & development".ProDave said:
Well you won't have any neighbours as you won't be able to build a house and live there. You will own a tiny bit of agricultural land alongside a load of other mugs who have also bought tiny portions of the field in the hope they can build a house there.in_my_wellies said:https://www.rightmove.co.uk/properties/140997506#/?channel=COM_BUY
Ideal if you don't want neighbours - pic 12
If permission is ever granted then you will own a tiny plot in the middle of a dense housing estate of tiny plots.
This is verging on fraud even mentioning you might be able to build a house there.
To ever develop that field would require the local plan being expanded to enlarge the settlement and that is best done by one owner or one developer fighting for planning for the lot.
Sell it off as 40 or more individual plots then each and every one would have to apply for planning permission. Then even if by some miracle they get permission who is going to install the road, the drainage, the electricity etc etc? the plot owners can't they don't own the road?
If I was thinking of a way to STOP development on this site and make money in the process, selling it off as lots of little plots would be a good way to achieve that.4 -
There's a piece of land near me that's also being presented with functionally similar language suggesting the possibility of development. It's easily big enough for tens of houses. Guide price: 73K. And, it's long and thin and if there was a road down the middle there would not be enough space for houses. But, the suggestive language is there.That is the bit that stops it being actual fraud.
To ever develop that field would require the local plan being expanded to enlarge the settlement and that is best done by one owner or one developer fighting for planning for the lot.
Sell it off as 40 or more individual plots then each and every one would have to apply for planning permission. Then even if by some miracle they get permission who is going to install the road, the drainage, the electricity etc etc? the plot owners can't they don't own the road?
If I was thinking of a way to STOP development on this site and make money in the process, selling it off as lots of little plots would be a good way to achieve that.0 -
There are spots near me being sold for 5-10k, At first I wondered if they were burial plots,...I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.1
-
But the language used strongly suggests that this is an investment opportunity - So subject to FCA regulation. The FCA has shut down land banking scams schemes in the past.ProDave said:
That is the bit that stops it being actual fraud.FreeBear said:
Well, the listing does say "Hope for future value & development".ProDave said:
Well you won't have any neighbours as you won't be able to build a house and live there. You will own a tiny bit of agricultural land alongside a load of other mugs who have also bought tiny portions of the field in the hope they can build a house there.in_my_wellies said:https://www.rightmove.co.uk/properties/140997506#/?channel=COM_BUY
Ideal if you don't want neighbours - pic 12
If permission is ever granted then you will own a tiny plot in the middle of a dense housing estate of tiny plots.
This is verging on fraud even mentioning you might be able to build a house there.
Her courage will change the world.
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.0 -
Slinky said:Even by Southwold standards this is totally insane.Be thankful it isn't in Mudeford...
3 -
No, no, it's meant to be like that!5 -
Skiddaw1 said:Slinky said:Even by Southwold standards this is totally insane.Be thankful it isn't in Mudeford...
But you can actually cook a meal and sleep 8 in that. The Southwold one is a pretty shed with no water or electric, and not particularly big either.
Make £2025 in 2025
Prolific £229.82, Octopoints £4.27, Topcashback £290.85, Tesco Clubcard challenges £60, Misc Sales £321, Airtime £10.
Total £915.94/£2025 45.2%
Make £2024 in 2024
Prolific £907.37, Chase Intt £59.97, Chase roundup int £3.55, Chase CB £122.88, Roadkill £1.30, Octopus referral reward £50, Octopoints £70.46, Topcashback £112.03, Shopmium referral £3, Iceland bonus £4, Ipsos survey £20, Misc Sales £55.44Total £1410/£2024 70%Make £2023 in 2023 Total: £2606.33/£2023 128.8%2 -
Slinky said:Yes that's true. Here's a much cheaper one at Littlehampton. I like this one.
1 -
It's sold!! I shall keep my eye on that fieldProDave said:
Well you won't have any neighbours as you won't be able to build a house and live there. You will own a tiny bit of agricultural land alongside a load of other mugs who have also bought tiny portions of the field in the hope they can build a house there.in_my_wellies said:https://www.rightmove.co.uk/properties/140997506#/?channel=COM_BUY
Ideal if you don't want neighbours - pic 12
If permission is ever granted then you will own a tiny plot in the middle of a dense housing estate of tiny plots.
This is verging on fraud even mentioning you might be able to build a house there.Love living in a village in the country side1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards