Plots of Land for Sale
Locating plots of land for sale is no longer the chore it once was. Improvements are coming in leaps and bounds with the growth of self build and land investment.
Poor stock market performance in recent times has led to investment opportunities being sort elsewhere. Land investment can provide a long term investment, supplement your investment portfolio or be purchased speculatively and could achieve gains of 300% or more once planning permission is acquired.
Plot sales as an investment, usually follow traditional property prices. Undeveloped land is getting more and more scarce as more houses are needed to solve the housing crisis.
Plots for sale may be used recreationally without planning permission. You could pitch a tent, take the children to play games or simply enjoy the open space, away from city life.
Calculate the Value of Plots of Land for Sale
The value of plots of land for sale can be found by identifying similar sized plots that have already been developed. The land should equate to approximately 35% of the market value of the entire property.
Example - a four bedroom detached house on a plot of 0.15 acres, priced at £230,000. The plot value would be approximately £80,500. The percentage value will vary between locations.
