For sale
£20,000
Main features
- Freehold
- OVERAGE RIGHTS OVER LAND FOR SALE
- The land itself is owned elsewhere
Property details
Overage Rights Hemwood Road, Windsor, None, SL4 4YX
An opportunity to purchase the development overage rights over a pre-sold parcel of land at Hemwood Dell, Windsor.
An overage is a term often used in land sales to describe a sum of money in addition to the original sale price which a seller of land may be entitled to receive once the land has been granted planning or development permission.
If you were to compare the price of land without planning permission to land with planning permission, you would expect to see a difference of around 60-70%, so you will often find an “overage agreement” of anything from 25% to 50% and for a varying period of time, say 25 to 100 years.
With an overage of 25%, if the land was valued at £25,000 without permission and is then valued at £125,000 once permission has been granted, there has been an increase in value of £100,000. The new owner of the land would then owe the overage holder 25% of this increase in value (in this case 25% of £100,000 being £25,000).
Purchasing an overage would entitle you to the same terms as the original seller and has the potential to provide a significant return on investment.
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Read our reviews
Jacky V.
15:39 13 Apr 22
We recently bought land through Barney Estates and Auctioneers. The help we received from Amiee throughout the process was excellent. She was immediately responsive and very helpful. I haven't bought through an auction before so I was apprehensive but I can highly recommend Amiee she is brilliant.
Josh S.
22:28 25 Mar 22
Had a really good experience in buying my first property - thank you to Aime and miles who explained everything clearly. Really happy would recommend . Thanks
Jack D.
22:30 08 Mar 22
I had the pleasure of purchasing land through barney estates and the service I received was faultless. I could not recommend them enough.
ANESTATES L.
11:05 24 Jan 22
Ignore the bad comments honestly , the Firm is absolutely genuine and Miles is your man. Thank you for the great service mate well appreciated . Jay
Esther A.
11:26 22 Oct 21
Our experience with this company has been nothing short of amazing! Amiee and Annabel were amazing. Explaining every thing and clarifying details. No question was irrelevant. Amiee was very patient and helped out with every thing. Thank you so much!
King S.
15:01 11 Aug 21
Amazing team. Amiee was amazing in answering all my queries on time and helped a lot in each and every step. Highly recommend Amiee for smooth processing..
Corina M.
07:22 01 Jul 21
Kieran was fantastic, he helped me through the process of buying land for the first time, something I never thought I'd be able to do. Explained everything and made a confusing process clear. Would definitely recommend :)
Ruslan O.
11:57 11 Jun 21
Good
Shaheen Z.
15:02 13 May 21
I had the pleasure of purchasing some Land from Barney Estates and my sale was dealt with by Kieron. I had a smooth sales process and all questions and queries were dealt with promptly. I highly recommend their services. Thank you Kieron and team.
Rajiv S.
10:50 07 May 21
We are very grateful to Kieran for all the support he provided in helping us purchase a parcel of land. He has been very patient and help answer so many questions. All the very best.
Amira H
13:50 04 May 21
Thank you for such a great service!I am living abroad and I put all my faith and trust with Barney Estates.I was just lucky to have met them otherwise i would never have found my plot.Barney Estates are so hardworking and patient with my constant overseas calls, they pick up every-time. They have great customer service.Kiaran was my auctioneer, he negotiated fast was really quick to give all the details.Living abroad and and his great service made me feel so much at ease and I trust Barney Estates 100%. I will go back and buy more land from them I also recommend my friends and family to buy through them. They will also help you with all the paperwork that is needed. INever thought buying land was so easy. Thank you again!
Alwena H.
18:05 14 Apr 21
We bought a piece of land recently from Barney Estates. It was a fast, smooth process and both Amy and Kieran were really helpful throughout the process.Thank you for the help and support.
Jennie D.
12:26 21 Mar 21
We bought a piece of land within a day of seeing it. From start to end Kieran did a fantastic job. He was professional and courteous throughout the whole buying process and he was on point when it came to returning calls. We cannot thank Kieran and his team for the efficient service they provided. If only buying a house was that easy. Once again Thank you Kieran for all your help it was much appreciated.
Edward S.
07:51 01 Aug 20
Great people who provide a great service
Julie N.
08:26 11 Jul 20
I had never purchased a parcel of land before, and had reservations about doing so. Jonathan was friendly, reassuring and knowledgable, and answered my many questions with patience and professionalism. I have no idea if the purchase price I offerred reflects 'good value for money', or how it compared to prices paid for neighbouring parcels, but I am very , very happy to own my' little piece of heaven', and the price I paid was worth it to me. Thank you Jonathan, for supporting me through it, and for helping make it happen. I am sure you are routinely involved in way bigger deals than my small purchase, but your approach with me was at all times professional and respectful .
Muhammad M.
10:51 10 Jul 20
It is owner for me to say thanks to Amiee and her team. I found Amiee very professional, kind and knowledgeable who is always ready to help you. She helped me during my purchase process with legal documentation and answered lots of my queries even some were not related to her business. I would love to recommend her business.
Janu
15:34 30 Jun 20
I can't thank Amiee enough! She is kind and knowledgeable and goes out of her way to help you. She helped me even during the weekend as the completion date was on Monday. I was in such a difficult situation and had she not helped me I wouldn't have completed on time. Thank you ever so much Amiee! Highly recommended. Professional and understands your situation and helps you until the completion.
Airportlondonvip L.
13:57 19 Jun 20
Rebekah H.
09:17 19 Jun 20
I recently purchased just under and acre of land in Bishop Storford, I am very happy. Not only did Amiee guide me through the process as I have never purchased land before but she was a pleasure to deal with. She new I wanted to complete my purchase sooner than the vendor had previously intended and Amiee made this happen! This weekend the tents are coming out the shed and we are camping on our land, I mean what a dream! Needless to say Amiee thank you!
Sara S.
13:55 17 Jun 20
Good experience with Amy, would recommend
David C.
12:15 17 Jun 20
Amiee and her team were speedily and consistently responsive, proactive in preempting potential problems, and excellent in providing information, answering questions and providing legal documentation. Considering our transaction started at the beginning of lock down and finished as restrictions start to lift, this degree of professionalism is even more impressive. And all delivered with a friendly and positive care.
Eric D.
11:51 02 Nov 19
Just worked on a deal with Oliver at Exclusive- he was professional and responsive. I highly recommend the team.
Lucy J.
14:19 26 Oct 19
Really good service. Explained the sales process really well and kept me fully informed the whole way through. An extra thank you to Jonathan x
Joss W.
16:42 23 Oct 19
Very friendly and super helpful!! Thanks guys!Joss
Ali L.
09:50 08 Oct 19
Hello Exclusive thank you for being so supportive with my recent purchase.
Adi S.
09:34 08 Oct 19
I am new to purchasing property in the UK. Very Helpful Office.
Isabella S.
09:26 08 Oct 19
Matthew was a superstar helping myself and my husband find a suitable paddock for our daughters pony. He offered us a wide range of affordable very decent sized plots. The purchase process for the land was very straight forward and streamlined. I would definitely recommend Land owners and buyers to use this company!
Charlie F.
09:20 08 Oct 19
Great service and a very polite team! I enquired initially about a commercial unit which turned out to no longer be available, my details were kept on file and when another suitable unit came up they called me straight away where we eventually concluded a sale. A lot effort was put it which was really nice and professional. Thank you Amy for your Hard work!
Claude D
08:56 07 Oct 19
I was not comfortable with the purchasing in auction. I called Exclusive and spoke with Jonathan who assisted me hugely and helped me secure a the property out of auction. I was very happy with this as I am not English and made the process more relaxing for me. ThanksClaude
lydia F.
08:44 07 Oct 19
I recently bought a house through Exclusive Property Sales and the service from Oliver was very good. An extremely helpful team who always answered my calls even on weekends. I have had bad experiences in the past with agents and this has really changed my perspective.x
Farouk N.
08:30 07 Oct 19
I was extremely pleased with my service with Exclusive. I had always wanted to purchase a piece of land close to London as an escape from the city. They have some really good valued large parcels available in some really beautiful locations. I am unsure as to what some of the negative reviews are getting at below as my experience was a pleasant one. I have recommended Exclusive to friends and family and would recommend anyone else who is interested in purchasing property.Thank you :)Farouk
James D.
08:23 07 Oct 19
Great service! Made purchasing land very easy and straight forward. Thank you. Definitely recommend! *****
max S.
13:34 26 Sep 19
Excellent service!!! Attention to detail is wonderful and they took me through the process carefully and precisely.
aditya S.
15:05 09 Aug 19
Thank you for your help in buying my first piece of Land!Adi
Jennifer A.
09:30 02 Aug 19
Ravi P.
15:46 29 Jul 19
Thank you guys for streamlining my purchase! a complicated process made very easy. Very professional and extremely accommodating to questions.
George S.
13:50 22 Jul 19
Thank you Amy and Jonathan for helping buy my first piece of land.Definitely Recommend.George
2
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.