IN FOCUS

Not sure how to identify a self build or renovation opportunity’s potential? Take a look at these promising plot and property case studies and learn from Mike Dade’s expert insights

1 Coastal edge-of-town plot

The site: Measuring 8m deep by 20m wide, this is a narrow strip that slopes down from north to south. It runs alongside a quiet side street at the back of an adjacent property. Given the prevalence of large homes on generous plots in the vicinity, this one is surprisingly compact. Adjoining the site to the north is a bricked-up Victorian pumping station.

Planning picture: Approval is in place for a two-bedroom home with a contemporary design. It has two floors set into the hillside, a basement and a covered parking space. Extensive windows on the south elevation provide stunning sea views. However, at the time of viewing, the consent only had eight months left to run, which could present a challenge if a buyer wants to change the design. It was subject to 19 conditions, some of which (such as investigating contamination and minimising energy/ water consumption) could add to build costs. The council’s online records reveal that permission was granted by committee following objections from neighbours, so it was a contentious decision.

Moving forward: A plot like this, in such a good location, isn’t likely to hang about on the market for long. Small tweaks (minor amendments) to the plans should be easy to get rubber stamped. But if a buyer wanted to make major changes to the design, they could face headaches – policies and people change, so renewal of planning permission shouldn’t be taken for granted. One option would be to start works on the permitted project (such as by excavating foundation or services trenches) and notifying the council of commencement. This would keep the consent alive for the foreseeable future, and give the owner time to seek consent for a new design without losing the existing permission.