Selling house - change of use of land

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Selling house - change of use of land

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Hannah

Joined: 24 Feb 2005
Posts: 277
Location: Pembrokeshire

Posted: Wed Aug 24, 05 11:10 am Post subject: Selling house - change of use of land

We are half considering selling our 2 bed character semi detached cottage with 3 acres. Do you think it would be worthwhile getting PP for change of use for the land from agricultural to agricultural/equestrian and with PP for some stables? We live in Hampshire near Andover and within 30 mins of Newbury/Salisbury/Winchester and thought this might add value to the house? I personally wouldn't want somewhere with equestrian use/stables as I think you pay more for it, but in the same breath it might get us more money!

Thanks very much.

Hannah

sean
Downsizer Moderator

Joined: 28 Oct 2004
Posts: 42219
Location: North Devon

Posted: Wed Aug 24, 05 11:14 am Post subject:
My guess is that it would be worth doing, due to the low money/sense correlation in horse owners . Realistically though you probably need to ask some local estate agents as a first step and find out what the change of use/PP would cost you.

Hannah

Joined: 24 Feb 2005
Posts: 277
Location: Pembrokeshire

Posted: Wed Aug 24, 05 11:17 am Post subject:
We've got a couple of estate agents coming round to give valuations, one of which is Rural Scene and we're interested to hear what they've got to say. The change of use would be �265, the planning permission �110 odd. We're also going to re-instate an old planning permission for an extension to the house, doubling it from 2 to 4 bedrooms.

twoscoops

Joined: 28 Oct 2004
Posts: 1924
Location: Warwickshire

Posted: Wed Aug 24, 05 11:29 am Post subject:
I think it is always worth considering adding value, but you need to be certain that the added value will outweigh the cost.

tawny owl

Joined: 29 Apr 2005
Posts: 563
Location: Hampshire

Posted: Wed Aug 24, 05 12:28 pm Post subject:
So about 400 quid? Sounds like it's probably worth doing, especially the extension bit, but you'd need to check it out. Still, that amount of money is probably what you'd pay to tart it up for selling, and I suspect the PP would put a lot more money on the house.

tahir

Joined: 28 Oct 2004
Posts: 45714
Location: Essex

Posted: Wed Aug 24, 05 12:31 pm Post subject:

tawny owl wrote:

PP would put a lot more money on the house.

Definitely

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