Buying Cheap Land For Sale
Are you searching for a piece of cheap land to build your dream home or undertake agricultural activities? Perhaps you are considering living off grid or looking for cheap land for sale for a caravan.
Finding cheap land for sale in the UK can be a challenging task, but with the right knowledge and approach, you can secure a great deal on the right piece of land for your needs.
In this article, we will guide you through the steps of finding and buying cheap land for sale in the UK.
Finding Cheap Land for Sale in the UK
There are several ways to search for cheap land for sale in the UK.
Firstly, determine what you want to use the land for. This will help you find the right type of land to suit your needs.
For example, you may want to grow vegetables and have a hobby farm, in which case you may want to look for a smallholding for sale. On the other hand, you may be more interested in a house with land for sale if you intend to live in the same rural location.
Land Type | England (£ per acre) | Scotland (£ per acre) | Wales (£ per acre) | N.I (£ per acre) |
---|---|---|---|---|
Agricultural | 7,000 – 10,000 | 4,000 – 6,000 | 6,000 – 8,000 | 8,500 – 12,000 |
Smallholdings | 15,000 – 20,000 | 10,000 – 15,000 | 12,000 – 18,000 | 14,000 – 20,000 |
Woodland | 4,000 – 10,000 | 2,000 – 7,000 | 3,000 – 8,000 | 3,500 – 9,000 |
Wild Land | 1,000 – 5,000 | 500 – 3,000 | 800 – 4,000 | 600 – 3,500 |
Grazing / Pasture | 6,000 – 9,000 | 3,500 – 5,500 | 5,000 – 7,000 | 7,000 – 10,000 |
Information about the land prices in the table above:
- Agricultural: This encompasses both arable and mixed farming lands. Prices are influenced by soil quality, location, and accessibility.
- Smallholdings: These are smaller than conventional farms and can include a mix of agricultural and residential use. Their value may be influenced by the presence of buildings and the potential for diverse small-scale agricultural activities.
- Woodland: Valued for both commercial timber production and conservation, woodland prices depend on the type and age of the trees, accessibility, and potential for recreational use.
- Wild Land: Often located in more remote areas, these lands are valued for their natural beauty and potential for conservation. Prices vary based on accessibility and ecological significance.
- Grazing/Pasture: Land primarily used for the grazing of livestock. Value is influenced by the quality of the grass, accessibility to water, and fencing.
You will notice that prices vary wildly depending on the part of the UK you are in.
If you want to buy land in Scotland you will probably have a greater choice of low-priced land, however more popular areas will be more expensive, such as land for sale in south Wales or, at the top end, land for sale in Essex and other parts of south-east England.
Alternatives To Buying Cheap Land
Depending on the reason you are looking for cheap land, there are some alternatives you may want to consider.
If your goal is agricultural, you may want to think about renting land from a farmer to start with. You might be able to negotiate to buy the land from the farmer after some period of time, or perhaps simply renting will suffice.
If you spend time looking for small farms for sale, try to ask the seller if they would consider renting the land, even for the first period until you establish yourself.
The same could be said if you need grazing land for animals, as it is fairly common to simply rent this type of land.
Consider the Accessibility of the Land
Another important factor to consider when looking for cheap land for sale in the UK is accessibility. Accessibility refers to the ease of getting to and from the land.
If the land is located in a remote area, it may be more difficult to access, which can make it less desirable. This is often the case when people look for woodland for sale and then find there are no roads or poor dirt tracks leading to the woodland they are interested in.
On the other hand, if the land is located near major transportation routes or other amenities, it may be more desirable and therefore more valuable.
Conduct Due Diligence Before Buying Cheap Land
Once you have found a piece of cheap land that meets your criteria, it is important to conduct due diligence. Due diligence is the process of investigating the property and its surrounding area to ensure that it is suitable for your needs.
It is important to thoroughly research the property before making an offer to avoid any unexpected surprises or costly mistakes, as well as conducting a professional property survey if you feel it is required.
Work with a Local Land Agent
Working with a local land or property agent can be extremely helpful when searching for cheap land for sale in the UK.
Local estate or land agents have a wealth of knowledge about the land market in their area and can help you find the best cheap land deals. They can also provide valuable advice and guidance throughout the buying process, helping you make informed decisions and avoid common pitfalls.
Another good idea is to drive around the area you are interested in and speak to local people. This is often the most productive way to find a piece of cheap land for sale that wouldn’t otherwise appear on the local property market.
You can also try to find cheap land for sale at auction as land is often sold in this manner in the UK.
A Final Word About Buying Cheap Land In The UK
Regardless of the purpose you intend to use the land for, common sense can play a vital role when it comes to buying cheap land for sale in the UK.
If a land deal seems too good to be true, it probably is, so do your due diligence and make sure you are aware of any clauses, access issues or major planning hurdles before you buy any low-cost land.
Don’t be afraid to negotiate about the price of cheap land for sale in the UK. Location, condition, uses and many other factors affect prices.