Our client, with a non-construction background, sought guidance on the planning potential of a plot of land in a highly sought-after area in Northern Ireland. Their query was straightforward: ‘Is this a good buy?’

We conducted a comprehensive development appraisal, which included risk and opportunity analysis, due diligence, a review of development costs, planning costs, site-specific abnormal costs, and an assessment of forecasted gross development value.

Our findings revealed that the asking price exceeded the property’s value, providing our client with valuable insight to inform their decision.