Property Advice: Should I sell my land in two lots or one?
With some groundwork done, you’ll be in a better position to choose which strategy makes sense.
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With some groundwork done, you’ll be in a better position to choose which strategy makes sense.
Hi Majella,
I own a property with two acres, a large modern four-bedroom house, and a three-bedroom cottage that needs refurbishment. The cottage doesn’t have separate access but could potentially get it. Should I sell as one lot or as two separate properties?
I’ve seen ads where vendors actually say, “can be sold separately or together”. My brother says I should hold off and get separate access for the three-bed cottage and also refurbish it. I see his point, but that could take years and at this stage of my life — I’m 68 and planning to retire shortly — I don’t think I need the stress that will bring. What do you think?
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