Demand is strong, and the market is buoyant

by James Powell

Demand is strong, and the market is buoyant

Demand is strong, and the market is buoyant for land and development opportunities throughout County Durham. Since returning from furlough and emerging back to life, the surge in interest for not just property but also land (Building plots for self builds, and development sites) has seen one of our busiest months on record. None more evident than the fact that a particularly pleasant self build opportunity was listed for sale at the end of last week. By 10.30 am on Monday morning, we had three offers to report to our client. As a result, the plot sold for over asking price and the conveyancing process has now began.

We are also delighted to announce that our Bishop Auckland branch will be marketing a fantastic new development of 12 homes in the coming weeks, with houses and apartments available, with prices starting at just £70,000! Watch this space for details!!!

If you have a plot of land or indeed a building that you think might be suitable for development, now is a great time to capitalise on the strong demand that we are seeing - and with the cost of borrowing at the lowest it could possibly be, now is the time to speak to J W Wood, Land and New Homes”

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