Dear Forum,
I wonder if you might be able to help me with the following, please see the background below, I`m seeking advice as to where I may be able to find individuals/ companies who would be willing to invest in these types of projects?
Do you think an Angel investor would be the best way forward, or approaching banks who are interested in land and property development?
Thanks
G
Background below:
"I`m an experienced Chartered Planning and Land Consultant who seeks funding to develop and promote land value enhancement opportunities.
I currently work in a similar role for an established property services company and seek an investor, business partner to start up independently.
Experience:
I have six years experience working in the planning system in both public and private sectors. I have acted as planning consultant for PLC developer clients on both large and small scale development opportunities and previously worked for a Local Authority Planning Department assessing schemes and offering professional recommendations on behalf of the LPA. My current role is to identify planning gain opportunities for the company for sole and joint ventures and then manage planning applications through the planning system.
Business Opportunity:
Opportunities include identifying sites suitable for high density residential schemes, care homes, and office schemes on existing Brownfield sites. Opportunities also exist to promote Strategic sites through the LDF process.
Once a site has been purchased conditionally / unconditionally then it is promoted through the planning system to increase the development value of the site. Once planning permission is obtained then the site is sold on or joint ventured.
Example:
A house situated on a large plot within an identified Urban Settlement Boundary is on the market for £500,000. The house is either purchased outright at this price or optioned for a greater sum. Planning permission is then sought to demolish the existing house and a scheme promoted for 6 houses with a Gross Development value of £2,700,000 which is subsequently approved. The land value would then increase to circa £1.1m on the gaining of planning permission. The site is then sold for a £600,000 profit. Turnaround time for planning permission is typically 6 months and sale achieved within 2 - 3 months."
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