Star’s front row seat for sporting history
- Local newspaper week
Staying up to date on land values
Thursday 23rd April 2009, 10:15AM BST.
What do you do when your neighbour approaches you for an extra piece of land for his garden?
Tim Main of Balfours Property Professionals is urging vendors to think very carefully – however good the deal sounds.
He explains: “If a neighbour approaches and suggests the ground is worth £5,000 to £6,000/acre, and he adds that he just wants a quarter of an acre.
“On this basis £2,000 might sound good – and a little boost to the cash flow.
“However extra garden land should be £20-30k per acre, or more, with the purchaser paying legal and agents fees,” Mr Main adds.
He says that when a neighbour approaches, even for a seemingly tiny piece of land, get professional help, that way you can generally maintain neighbour relations and achieve the best deal for the parcel of land to be sold.
If you would like to know more call head of Balfours property sales, Tim Main on 01743 353511.
Sponsored Links
Shropshire Star on Twitter
Keep updated with the latest breaking news and content on our Twitter feed.
Lifestyle
Interactive Dining Out map
Hundreds of reviews by the Shropshire Star and Express & Star's teams to help you decide where to eat.
LIVE traffic updates
Road, rail and airport - latest
Our new, live traffic and travel updates service - check before you set out.
OUR NEW APP
Get the new Shropshire Star app
Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.
shropshirestar.com
Popular sections
Useful links
