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Unlocking the value of land
To achieve best value and return it is critical to start with a detailed appraisal setting out the viable options for the land or property to be developed. The Avebury planning and commercial team will develop an appraisal including the site planning history, its context, relevant local and national policies and then weigh these up against your development aspirations plus a detailed financial business case to support any decision to proceed.
The land development appraisal process involves a systematic evaluation of the financial viability and feasibility of a potential development project. It aims to determine whether the development will generate sufficient returns to justify the investment. Here is a summary of the key steps involved in the process:
The land development appraisal process involves a systematic evaluation of the financial viability and feasibility of a potential development project. It aims to determine whether the development will generate sufficient returns to justify the investment. Here is a summary of the key steps involved in the process:
- Site Identification - The first step is to identify a suitable land site for development. This involves considering factors such as location, accessibility, local regulations, and market demand.
Feasibility Study - A feasibility study assesses the technical and legal aspects of the project. It examines factors like planning permission requirements, environmental impact, infrastructure availability, and potential constraints.
Market Analysis - Market research is conducted to understand the demand and supply dynamics of the proposed development. This includes analyzing market trends, demographics, competition, and pricing levels to estimate the potential sales or rental values.
Financial Appraisal - A financial appraisal is conducted to determine the profitability of the project. It involves estimating costs, including land acquisition, construction, professional fees, marketing, and financing. Revenue projections are made based on the market analysis, and the net present value (NPV) and internal rate of return (IRR) are calculated to assess the financial viability.
Risk Assessment - Potential risks and uncertainties are identified and evaluated. These may include changes in market conditions, regulatory issues, construction delays, and unforeseen costs. Risk mitigation strategies are developed to minimize the impact of these risks on the project.
We are retained by landowners, house builders, developers, land promoters and housing associations to intelligently unlock the value of land and existing properties by advising and securing planning consent for residential developments.
The Avebury engagement can cover the entire planning process from appraisal to Master Planning, to Pre-Application Advice to Full Planning Applications or can be focussed on one element of the process:
The Avebury engagement can cover the entire planning process from appraisal to Master Planning, to Pre-Application Advice to Full Planning Applications or can be focussed on one element of the process:
- Feasibility Study - A feasibility study assesses the viability of the proposed development. It examines factors like land use, infrastructure requirements, environmental impact, and financial viability.
Pre-Application Consultation - Developers engage in pre-application consultations with the local planning authority (LPA) and relevant stakeholders to gather feedback, address concerns, and refine their proposal.
Planning Application - The developer submits a planning application to the LPA, including detailed plans, design considerations, environmental impact assessments, and supporting documents. The application fee is paid, and the LPA validates the application.
Public Consultation - The LPA typically conducts a public consultation to gather opinions and feedback from the local community and stakeholders. This can involve public meetings, exhibitions, or online consultations.
Application Assessment - The LPA assesses the application, considering factors such as compliance with local and national planning policies, environmental impact, infrastructure provision, and community impact. They may consult with various internal and external departments, such as transportation, conservation, or environmental agencies.
Planning Decision - The LPA makes a decision based on the assessment. They can either grant planning permission, with or without conditions, or refuse the application. The decision should be made within a specific timeframe, and the applicant and interested parties are notified of the outcome.
Appeal If the planning application is refused, the developer has the option to appeal the decision to the Planning Inspectorate. This involves a review of the case by an independent inspector, who will make a final determination.
Avebury will form a partnership with a landowner to develop the optimum disposal strategy and to secure planning permission. We cover the cost of the planning and sales process and we only share in the end financial result so this derisks the process for the landowner and creates an opportunity for both Avebury and the landowner to achieve the best planning consent the maximum sales value for the land.
We are a leading residential architectural practice with a strong focus on affordable housing. Our dedicated team of architects is committed to creating innovative and sustainable living spaces that prioritize accessibility, functionality, and affordability. Our practice is driven by the belief that everyone deserves a safe, comfortable, and beautiful home, regardless of their budget. We understand the pressing need for affordable housing in our communities and are dedicated to making a positive impact by designing homes that are both affordable and of high quality.
At Avebury, we approach each project with a deep understanding of the unique challenges and opportunities presented by affordable housing. Our architects are well-versed in the latest design strategies, construction techniques, and government regulations surrounding affordable housing initiatives. By working closely with clients, developers, and local authorities, we ensure that our designs meet the specific requirements of affordable housing schemes while creating aesthetically pleasing and functional spaces.
We take pride in our ability to maximize the use of available resources and space, carefully balancing cost-effectiveness with the creation of inviting and comfortable living environments. Through thoughtful design, intelligent space planning, and efficient material selection, we strive to deliver affordable housing solutions that surpass expectations in terms of quality, durability, and livability.
Sustainability is at the core of our practice. We believe that affordable housing should not only meet immediate needs but also contribute to the long-term well-being of residents and the environment. We incorporate energy-efficient systems, renewable materials, and passive design principles to minimize energy consumption, reduce carbon footprint, and create healthy and eco-friendly homes that promote a sustainable future.
Our collaborative approach ensures that we work closely with clients, housing associations, and stakeholders throughout the design and construction process. We understand the importance of community engagement and involve residents in the decision-making process, ensuring that their voices are heard and their needs are met. Avebury is dedicated to making a positive difference in the affordable housing sector. Our team of passionate architects brings a wealth of experience and expertise to each project, delivering innovative, cost-effective, and sustainable housing solutions. We are committed to creating homes that not only provide shelter but also foster a sense of community and pride.
At Avebury, we approach each project with a deep understanding of the unique challenges and opportunities presented by affordable housing. Our architects are well-versed in the latest design strategies, construction techniques, and government regulations surrounding affordable housing initiatives. By working closely with clients, developers, and local authorities, we ensure that our designs meet the specific requirements of affordable housing schemes while creating aesthetically pleasing and functional spaces.
We take pride in our ability to maximize the use of available resources and space, carefully balancing cost-effectiveness with the creation of inviting and comfortable living environments. Through thoughtful design, intelligent space planning, and efficient material selection, we strive to deliver affordable housing solutions that surpass expectations in terms of quality, durability, and livability.
Sustainability is at the core of our practice. We believe that affordable housing should not only meet immediate needs but also contribute to the long-term well-being of residents and the environment. We incorporate energy-efficient systems, renewable materials, and passive design principles to minimize energy consumption, reduce carbon footprint, and create healthy and eco-friendly homes that promote a sustainable future.
Our collaborative approach ensures that we work closely with clients, housing associations, and stakeholders throughout the design and construction process. We understand the importance of community engagement and involve residents in the decision-making process, ensuring that their voices are heard and their needs are met. Avebury is dedicated to making a positive difference in the affordable housing sector. Our team of passionate architects brings a wealth of experience and expertise to each project, delivering innovative, cost-effective, and sustainable housing solutions. We are committed to creating homes that not only provide shelter but also foster a sense of community and pride.
Employer's agents play a crucial role in construction projects. They act on behalf of the client or employer and provide a range of services that help manage the project effectively. One of the primary services offered by an employer's agent is project management. This involves coordinating with various stakeholders, managing risk, and overseeing the project's progress to ensure it is delivered on time, within budget, and to the required quality standards.
In addition to project management, an employer's agent can also assist with contract administration. This involves drafting and managing contracts between the client and contractors, ensuring that they comply with legal requirements, and resolving any disputes that may arise. Cost management is another critical service provided by an employer's agent. They can help monitor the project's costs, prepare cost estimates and budgets, and identify cost-saving opportunities to keep the project within budget. Procurement management is also a service offered by an employer's agent. They manage the tender process, evaluate bids, and recommend contractors for appointment.
Finally, an employer's agent can provide quality assurance services by monitoring the quality of the construction work, ensuring that it meets the required standards, and resolving any quality-related issues that may arise. In summary, an employer's agent provides essential services that help the client manage the construction project effectively and ensure that it is completed successfully. If you're looking for support in your next construction project, an employer's agent could be the solution you need.
In addition to project management, an employer's agent can also assist with contract administration. This involves drafting and managing contracts between the client and contractors, ensuring that they comply with legal requirements, and resolving any disputes that may arise. Cost management is another critical service provided by an employer's agent. They can help monitor the project's costs, prepare cost estimates and budgets, and identify cost-saving opportunities to keep the project within budget. Procurement management is also a service offered by an employer's agent. They manage the tender process, evaluate bids, and recommend contractors for appointment.
Finally, an employer's agent can provide quality assurance services by monitoring the quality of the construction work, ensuring that it meets the required standards, and resolving any quality-related issues that may arise. In summary, an employer's agent provides essential services that help the client manage the construction project effectively and ensure that it is completed successfully. If you're looking for support in your next construction project, an employer's agent could be the solution you need.