Just when we are in the midst of planning the commencement of our build an interesting letter dropped through the door.
The guy who owns the garden that the back fence of our plot adjoins has asked if we would like to buy his garden, as he is going to be putting the property on the market and was aware of our plans etc.
The irony is not lost as we had thought that as a last resort we would need to go to him to ask this very question if our own planning had been refused.
(he had also been one of the biggest objectors from the previous planning application lodged before we purchased the site)
We now obviously have our planning, without this, but additional garden space would be really useful, dependant on the asking price?!
Hi is going to get the land ‘valued’ and come back to me. Take that to mean ‘ I will have an estate agent around who will give me some overinflated value , and with it increase my expectations beyond where they are now, in an attempt to gain my business’
The bonus is that the garden comes with a garage which would provide us with off street parking and some valuable storage space which is slightly lacking in our modest house.
On speaking to the agent regarding the extra value, if any, that this additional space would add, his view was that a garage and additional space would help to make the property ‘more saleable’ and potentially add £5-10,000 to the asking price (when and if we ever came to sell)
However, the additional garden may not add anything given that the likely purchaser would be someone downsizing and potentially be an older person/couple who may not necessarily need or want additional garden space to maintain.
Will wait to see what he comes back to us with an amount at which he would be willing to sell; fingers crossed.