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Individuals with large gardens should consider the benefits of selling part of their land for development, according to Connells Land and New Homes expert Rachel Macklin. As the housing market picks up, homeowners with unused areas of their gardens have a unique opportunity to cash in on demand from house builders for smaller plots of land.
Elan Homes’ St James Court development in Dudley is proving to be extremely popular with first time buyers in particular, who are realising that it is cheaper to buy than rent, especially with the 80/20 shared equity deal.
£895,000 6 bed, house
Marlborough Avenue, Aston Fields, Bromsgrove
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