The reality is that the market is strong at present. Investors, developers and owner-occupiers all have seemingly more cash available than ever before, and most properties would sell with little or no marketing. Our role, therefore, is not to find 'a' buyer, but instead to find 'the' buyer. The buyer willing to pay that little bit more than all the others; the buyer with a hole in their build programme, or that owns the next-door building and simply can't let an opportunity pass them by.
We courted the owners of this consented site in Coulsdon. They'd acquired it with consent for 2 houses, and improved its prospects by securing planning permission for a new block of 8 apartments. Our New Homes Division have been particularly active across northern Surrey in recent years, and as such we were able to gather a raft of comparable sales to evidence the GDV. Encouraged by our prediction of the likely residual land value, the sellers appointed us to manage the marketing.
We put everything into generating maximum interest in the site and it wasn't long before we were able to report several offers. A clean bid from a potential buyer keen to complete promptly is always the preference, and in this case we were spoilt for choice. Terms were agreed with the best bidder, and the sale completed expeditiously at £115,000 per plot.
If you've not dealt with us before please don't be scared - we don't bite! We're always happy to give existing or potential clients free, friendly advice; so please get in touch if you have a property to sell.
PROJECT ADDRESS: Land Adjacent St Andrews Vicarage Julien Road Coulsdon Surrey CR5 2DN