Tag Archives: auction property development
Auction property development
A growing area of work is to develop schemes on sites and properties bought at auction by private individuals looking to invest in property to create a more reliable and substantial pension fund.
A recent commission is a 1-acre site in Tylorstown adjacent to the Rhondda river. A flat site, within the settlement boundary, and surrounded by mature trees, the site has the opportunity for two houses for the investors’ family, plus a group of houses accessed at the other end of the site. Our task is to unlock the site’s full development potential through good design and a successful
We’ve been appointed on two other small sites for the same investor, in Mountain Ash and Treherbert, for schemes of a few houses each. Planning was submitted for 3 terraced houses within a couple of weeks on one, whilst on the other we are negotiating with an adjacent nursing home to provide an extension to their facilities via a possible joint-venture.
Below is the Treherbert property – as it is now and the proposed plans for the property.