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Could you be making money from your garden?.

Could you be making money from your garden?

With the rapid demand for housing across the UK there are many property owners with larger gardens that are selling them off to property developers. Parting with a garden could actually help you to increase your property value and help you access some extra equity from your land.

In areas of southeast England there are land sites where builders are desperate to develop. With the government promising over 200,000 new homes in this region over 15 to 20 years it is substantially difficult for the average developer to find a good-sized plot at a reasonable price.

An excellent example of how a property owner could benefit from selling land is from a quick private sale. In one example of two houses in Kings Sutton, Banbury, there was scrubland that had been left dormant between two homes until the neighbors agreed to plan an application and submitted the info to the town Council. This application only cost the developers their time and the deal was able to generate six figures of income for each of the landowners. The property was converted into five detached units for a property developer out of land that was previously unused.

If you are interested in profiting from your own garden it important to consider that there are some criteria that need to be made. The property needs to be located in a desirable area, it needs to have access to proper planning and it has to be at least a quarter of an acre in size. If you have extra land on your property that can fit these requirements, it's a good idea to contact an appraiser immediately.

If you have a garden that can be appraised to appeal to a developer you can make sure that it can be enhanced for the future. After getting your lot appraised, developers are interested in working with the land so they can work with the neighbors, the planners and handle the extra costs.

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