Croydon, CR0 Ref: 30920

We're often contacted by sellers who, having agreed a sale via other means, suddenly have second thoughts. "Am I getting the best deal?"

Our client secured permission for the redevelopment of his property, and a sale had been agreed directly to a developer who then stalled. We were confident there was no reason for a buyer to delay, encouraged the sellers to withdraw from the sale and let us go to market.

Our advice was that whilst there is value in the consent, the existing building could well be worth more than the residual land value generated by the consent. We were able to quickly agree a sale at a premium price, and contracts were exchanged in just 8 days. Ultimately our client achieved £50,000 more than he'd previously agreed, and that's after paying our fee!

PROJECT ADDRESS: 79 Gloucester Road, Croydon, CR0 2DN

Jamie Stevenson

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