Roseacre Development at Hogg HIll
Country House achieved planning to enhance an existing scheme in garden land at Hogg Hill, Bearsted.
Facts and figures:
- Original site value – ￡145.000
- Net total revenue to land-owner post planning and sale – ￡320,000
- Net increase in value of 121% (￡175,000)
The site at Hogg Hill already benefitted from planning permission for a pair of semi-detached houses. Our view was that the site was capable of sustaining a much more valuable scheme.
This site required an understanding of the local market in order to maximize the value. Bearsted is a highly desirable village and developments close to the green and station always attract a high premium. By reducing garden space and creating a 3rd floor, we designed a layout which could support a terrace of 3 x 4 Bedroom townhouses. The final designs were contemporary and extremely well suited to this market allowing for it to gross close to ￡1m.
It’s fair to say that this development was real battle for us however through perseverance and hard work (over 2 years) we were able to achieve planning permission for the new scheme. Consequently the landowner achieved well over twice their original value!