Joint ventures on land in Torquay
If you own land in or around Torquay, joint ventures is one of four ways you can sell it to us. Here's how it works and when it makes sense.
A land joint venture is an arrangement where the landowner contributes the land and a developer contributes funding, planning and building, with the proceeds shared in an agreed way. It can produce the most value for the landowner, but it takes longer and carries more risk than a sale.
- Free appraisal and written offer
- Figures explained, so you can check them
- No pressure to decide
Get an offer for land in Torquay
We'll check the title and planning, then call you.
Land around Torquay
Torquay lies in Devon, roughly 28 miles east of Plymouth. Nearby, we also look at land around Paignton (3 miles), Newton Abbot (6 miles) and Exmouth (12 miles).
A large rural county with Dartmoor and part of Exmoor, several national landscapes, and growth centred on Exeter, Plymouth and the market towns.
| Town | Torquay |
|---|---|
| County | Devon |
| Country | England |
| Postcode district | TQ2 |
| OS grid square | SX96 |
| Nearest towns we cover | Paignton (3 mi), Newton Abbot (6 mi), Exmouth (12 mi) |
| Distance from Plymouth | About 28 miles east |
| Planning system | National Planning Policy Framework and local plan |
| When you're paid | Over time, as homes are built and sold |
| Planning costs | Shared or ours, as agreed |
Who a land joint venture works best for
- Families and estates with a long-term view
- Sites where we'd aim to build the homes ourselves
- Land with planning permission or a strong prospect
- Owners comfortable sharing risk as well as reward
Joint ventures can be structured in different ways, from a land price plus a share of profit to a full partnership. We'll explain each so you can choose with your advisers.
The terms that matter
Risk
You share in downside as well as upside, so independent advice is essential.
Control
Agreements set who decides what, and what happens if you disagree.
Land value
How your land is valued going into the venture matters.
Tax
Joint ventures can change how your proceeds are taxed, so take tax advice first.
Land near Torquay that a land joint venture suits
Large strategic sites in Torquay
Lets you share in the development value if you can wait for it.
Land for affordable homes in Torquay
Can suit estates and charities that want an ongoing say in the homes.
Barns and rural buildings in Torquay
Worth considering for a larger yard you'd like to see developed well.
Garage sites in Torquay
Possible for larger courts.
What happens next
Tell us about your land
Send the postcode or address and a rough size.
We check it properly
Title, planning history, access, flood maps and local policy.
We put an offer in writing
It shows how we got there. There's no obligation to accept.
Solicitors complete the sale
Exchange and complete, or exchange now and complete when planning is granted.
Planning and legal points for land in Devon
Planning framework
Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.
Tax on the sale
The buyer pays Stamp Duty Land Tax. As the seller you may owe capital gains tax, and some commercial land carries VAT. Take advice from an accountant.
When the land isn't straightforward
You're not sure you can afford to wait
Many structures pay part of the land value up front, with the rest as homes sell.
You want to keep part of the land
Joint ventures can cover just part of your holding.
Useful to send us
- The address or postcode
- A rough size, in acres or hectares
- Details of any tenants or grazing agreements
- How soon you'd ideally like to sell
Your questions answered
What happens if the homes sell for less than expected?
Depending on the structure, your share may fall. That's the risk you take in return for sharing upside.
Do I need separate advice?
Yes. You should have your own solicitor and tax adviser before entering a joint venture.
Can a joint venture include affordable homes?
Yes. Affordable and social housing can form part of a scheme, and we can talk through how it affects returns.
Do you cover the villages around Torquay?
Yes. Villages between Torquay, Paignton and Newton Abbot often have the kind of edge-of-settlement land we're looking for.
Other land types and routes
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Land for affordable homes
- Farmland and agricultural land
- Paddocks and equestrian land
- Barns and rural buildings
- Building plots
- Garden land and backland
- Infill plots and gap sites
- Small sites
- Garage sites
- Brownfield land
- Redundant commercial and industrial land
- Inherited and probate land
- Landlocked land and access problems
- Outright purchase
- Subject-to-planning sale
- Option agreements
- All land in Torquay
- Joint ventures in Devon
Find out what we'd pay for your land near Torquay
Call 0800 088 6248 or send the details. There's no obligation.