IPART FOUR: I ICHALLENGING PLOTS: I UNLOCKING POTENTIALI
Some of the best value plots are those with challenges that others don’t want to deal with. You might well ask: if a plot has a problem, why would I take it on? Read on and I’ll explain.
The market for oven-ready plots is very competitive, as demand often outstrips supply. Risk-averse buyers prefer to pay the going rate for a good, uncomplicated plot that’s unlikely to carry hidden costs. This means that such plots command high prices, while those with obvious afflictions attract less interest, less competition and, as a consequence, better prices.
When buying any plot, the golden rule is to understand that all land has a history. Lots of plots come with problems, and they aren’t always obvious. Even the best looking plots may harbour nasty surprises, such as poor ground, difficulties with access, or a lack of nearby mains service. When
