Planning permission can potentially increase a property's value, but it isn't guaranteed. Factors like the kind of permission obtained, the property type, and local market demand significantly influence this. Estate agents frequently emphasize that while having planning permission can enhance a property's appeal by offering buyers certainty about prospective renovations, it's not a blanket effect. There are scenarios where the presence of planning permission might not translate into higher sale prices, thus making it crucial for sellers to evaluate their specific circumstances before investing in obtaining permissions.
We are frequently asked whether obtaining planning permission before selling a home adds value. The answer is that it can, but not in every situation.
The impact on value depends on the type of planning permission secured, the nature of the property, and the demand within the local market.
In many cases, having full planning permission in place does make a property more attractive to buyers. It gives potential purchasers confidence that improvements or developments can go ahead.
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