Homebuilding & Renovating

PART THREE: FINDING YOUR IDEAL PLOT

Finding the ideal building plot can be tough, but not knowing what to look for makes the chances of finding one slim. Plots with ‘for sale’ boards are easy to find. Unfortunately, land that’s suitable for development and advertised on the open market attracts lots of interest so asking prices will be high. If you’re looking for a plot that offers value for money, my advice is don’t hunt with the pack — look ‘offmarket’, where the plot potential isn’t so obvious, but neither is the competition.

While lots of plot buyers are searching for an ‘idyllic’ place to live, the best building plots don’t often look picturesque. Successful plot hunting requires an instinctive ability to look beyond the decrepit and see through the cracks to find potential others can’t see. Couple this with the knowledge of the types of land where planning is more likely to be approved, and your chances of finding what you’re looking for vastly improve. Here, I’ll explain the types of plot available to the self-builder — and those to avoid!

Open fields

Lots of people start with the misconception that a

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