Astra Property Development
11/04/2023
Checking out planning policy tonight... 😴
Whilst we'll always use a Planning Consultant to assist us, it's important to have a working knowledge of both national and local policy, as it will directly determine the viability of a site or plan.
So what are the NPPF and Local/Neighbourhood Plans?
🇬🇧 NPPF (National Planning Policy Framework)
- Sets out government's planning policies for England.
- Provides guidance on how they should be applied.
- Covers a range of topics including: housing, business, transport and the environment.
- Will directly influence your planning application!
🏘 Local/Neighbourhood Plans
- Informed by the NPPF but created by the local authority
- Outlines local planning policy, settlement boundaries and allocated housing sites
- Will be a key reference when assessing the viability of a development proposal!
It's important to note that planning policy is always open to interpretation by the planning officer assessing your application, which can lead to a lot of contentious decisions!
07/04/2023
Went to view this commercial to residential opportunity yesterday! Great property with potential for 4 large two bed flats, or 3 two beds and 2 one beds - with a GDV if up to £720k! Tons of great features we'd look to retain.
Unfortunately it's a listed building, so won't qualify for permitted development 😭
The main problem... it's up for auction! So unless we can secure it pre-auction it will probably blow through our budget. Those auctions get crazy which is why I focus on direct-to-vendor marketing!
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