Why Perimeter Land Limited?
The profitability of any investment depends on good research and selection
Perimeter Land works closely with some of the country’s leading land research & acquisitions companies. By working together with this specialised team we have developed a formula for identifying sites with real profit potential.
Our team works by submitting a site to a rigorous research process before deciding to proceed with an acquisition. The objective is to acquire land where there are no logical objections to the granting of residential planning permission.
The site selection process
Major Factors
- Regional Development Agency Strategy
- Local Authority Local Plan
- History of Planning Applications near the site
Additional checklist
- Planning Restrictions
- Clean Title
- Discharge Consents
- Greenbelt Classification
- Land Maintenance Orders
- Notices, Orders, Directions and Proceedings under Planning Acts
- Common Land
- Land Required For Public Purposes
- Existing or Planned National Parks
- Railway / Road Schemes Nearby
- Land Required For Road Works
- Public Paths or Byways present or planned
- Drainage Agreements
- Pipelines Present or Planned
- Waste/Landfill Site
- Area of Outstanding Natural Beauty
- Conservation Area
- Hedgerow Notices
- Historical Land Use
- Mineral Consultation
- Radiation Hazard
- Site of Special Scientific Interest
- Tree Preservation Orders
- Water, Running or Standing
- Contaminated Land
- Environmental and Pollution Notices
- Floodplain Hazard
- Hazardous Substance Consents
- Industrial Processes
- Landslip and Subsidence Hazard
- Mining Affected Area
- Radon Affected Area
- History of Compulsory Purchase
Local Assessment
If the land passes our first assessment, we then consider where it is, especially in relation to the government’s sustainability criteria for residential development. In this section we consider:
- Road Networks
- Rail Networks
- Location to Air Links
- Towns and Facilities
- Existing Housing
- Mains Water/Gas/Sewage/Electricity
- Schools and Colleges
- Recreational Facilities
- Healthcare Facilities
- Local Centres for Employment
Site Specific Criteria
- Capacity - how many homes could be built
- Ease of access for building traffic
- Landscape relationship
- Elevation, Contours and Orientation
- Existing Use
- Projected price, in relation to plot density
Only when all the criteria have been met, do our team attempt to acquire the land. Even then, we do not always succeed, because there is competition from developers, as well as private and corporate investors. The price also has to be right, from our point of view and that of our investors. Our research and selection process provides land for which there can be no sustainable objection to residential development. Land which is ideal for well planned affordable new homes.
A typical site showing our strict selection process implemented. Location is key to the potential of a site for future development.