Land And New Homes
Residential property development has always outperformed other property
investment sectors and offered greater predictability. Changing population
patterns and social trends now means there is increasing demand for smaller
units, making residential development particularly attractive.
At Foley & Davis we have always recognised this fact and are widely
accepted as local market leaders in this field. Our development team are
experienced in dealing with small scale to major developments and able to assist
you in all aspects of the procedures involved. We provide a complete development
consultancy service often including planning issues, option agreements,
conditional contracts, new homes and most importantly, we will ensure you
maximise the potential in your property.
We have had numerous dealings with reputable local developers as well as
the larger builders such as Michael Shanley Homes, Berkeley Homes, Wimpey Homes
etc and are confident that when we discuss any potential developments it is
always with the utmost discretion. Our advice to you is given without charge and
without obligation. We believe that when you talk to us about any potential
development, you will have confidence in OUR ability to assist YOU.
Maybe your property singularly, or collectively with neighbouring
properties, has development potential.....maybe you are sitting on a gold mine?
In almost every situation with regards to residential development, if there is
potential; the land value is higher than the existing use value of the property,
therefore if a developer believes they can build, they will pay a premium for
the property. If you think there may be some development potential at your
property, simply contact us and we will be happy to discuss it with you and
assess the viability on your behalf.
Below are some examples of developments we have been involved in where we
assisted in the acquisition of properties for demolition and re-development,
'add-ons' or 'in-fills' where new houses have been attached to existing
properties as well as 'back-land' development where several properties were
purchased allowing the builder to erect new homes in the gardens.
Demolition of a bungalow allowing the
erection of three family homes.
Achieved significantly more for the seller when we
recognised potential for another house on the side.
End of terrace house with own drive to garage;
assisted the vendor in obtaining planning and then sold to a developer.
Large premium was achieved due to the planning.
Another site where a property was demolished
and four family homes were erected and sold.
Assisted four local home owners achieve over
market value by selling to developers enabling
the erection of two large semi-detached
houses in back gardens.