Martin's Blog - The Plot of Gold at the end of your Garden
All too often, fantastic investment properties get overlooked in the auction catalogue because they don’t look that appealing when judged by themselves. Yet, by reading the small print, or better still, taking a drive-by viewing of the lot, it could be revealed that the real value is not in the property itself but the garden. Houses with huge gardens should scream ‘building plot’ – and the land may well be worth more than the property itself.
So, what if you want to buy a house with a large garden and build another property(ies) in the grounds? What are the issues?
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