Strategic land wanted in Penarth
Looking to sell strategic land near Penarth? We assess every site on its merits and explain the options in plain English.
Strategic land means sites big enough to need long-term promotion, infrastructure and often a Local Development Plan allocation. Owners typically keep the land while it is promoted and are paid when planning is secured and the land is sold.
- Size
- 50+ homes
- Planning
- Usually without
- Areas
- England & Wales
- Ways we buy
- Option or JV
Is your land in Penarth the kind we want?
Larger landholdings on the approaches to Penarth are where strategic land usually comes from, particularly near transport links. Penarth lies about 3 miles south of Cardiff in South Glamorgan. We also cover Cardiff, Barry, Rhoose and the villages between them.
- Land for 50 or more homes next to a town or larger village
- Sites that could form part of a Local Development Plan allocation
- Land near railway stations or good bus routes
- Sites already being considered by the council
Cardiff is a major focus for new homes in Wales, with regeneration around Cardiff Bay, the city centre and stations on the South Wales Metro. The Glamorgan Heritage Coast, conservation areas and the airport at Rhoose shape what is suitable in the rural Vale.
What usually makes or breaks it
Local Development Plan timing
Strategic sites usually move with the plan cycle, so we look at where the council is in its review.
Land assembly
Larger schemes often need several owners to agree a fair way to share value.
Promotion costs
Technical studies and plan representations cost money; under an option we pay them up front, and any recovery from the price is capped in the heads of terms.
In Wales a planning permission usually lasts five years before work must begin, and land purchases are subject to Land Transaction Tax rather than Stamp Duty Land Tax.
Our base is in Great Barr, Birmingham, about 94 miles away, and we buy land throughout England and Wales.
Ways to sell strategic land in Penarth
Outright purchase
Rare before planning; more usual once an allocation or outline consent exists.
Outright purchaseSubject-to-planning contract
Possible for the first phase of a larger holding.
Subject-to-planning contractOption agreement
You grant us the right to buy within a set period, usually for an option premium, while we pursue planning.
Option agreementJoint venture
You contribute the land, we fund and manage planning and delivery, and the proceeds are shared as agreed.
Joint ventureHow a sale to us works
Get in touch
Tell us where the land is and what you know about it.
Site review
We look at the land, its planning position and anything that could affect it.
Proposal
We put our proposal in writing, with no obligation to accept.
Exchange and completion
If you go ahead, contracts are exchanged and the sale completes on the agreed terms.
Frequently asked in South Glamorgan
How long does strategic land take?
Often several years, because it may need a Local Development Plan allocation and then an outline permission. We are honest about timing for each site.
Will I be paid anything before planning?
Under an option, owners are usually paid a premium on signing, with the main payment when the land is sold after planning.
Do you buy strategic land in Penarth?
Yes. We buy strategic land in Penarth and throughout South Glamorgan, as well as elsewhere in England and Wales. Tell us where the land is and we will give you a free appraisal.
Is Penarth too far from our Birmingham base?
No. We are based in Great Barr, Birmingham, about 94 miles from Penarth, and we look at land right across England and Wales.