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Option agreements for land in Ilkeston

We offer an option agreement on land across Derbyshire, including sites around Ilkeston, Heanor and Long Eaton.

An option agreement gives a buyer the right, but not the obligation, to buy land within a set period, usually once planning permission is obtained. The landowner receives an option fee up front and, if the option is exercised, a price normally based on market value with permission, less agreed deductions.

  • Figures explained, so you can check them
  • No pressure to decide
  • Independent advice encouraged

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Free and no obligation. We're the buyer, so there's no commission.

Land around Ilkeston

The land we're most interested in near Ilkeston sits on the edge of the built-up area or in the villages towards Heanor (4 miles) and Long Eaton (5 miles).

Ranges from the Peak District National Park in the north-west to lowland farmland and former coalfield towns in the east, with green belt between Derby and Nottingham.

TownIlkeston
CountyDerbyshire
CountryEngland
Postcode districtDE7
OS grid squareSK44
Nearest towns we coverHeanor (4 mi), Long Eaton (5 mi), Ripley (6 mi)
Distance from DerbyAbout 8 miles north-east
Planning systemNational Planning Policy Framework and local plan
When you're paidOption fee now, price when the option is exercised
Planning costsOurs, sometimes recoverable from the price
Two people in outdoor jackets walking along a hedgerow, one pointing across the field

Is an option agreement right for your land?

  • Owners happy to wait several years for a higher price
  • Holdings where several owners need to work together
  • Owners who want to keep farming until development
  • Sites with technical issues that need time to resolve

Options are the usual way to bring larger sites forward. They let us invest in planning while you keep ownership and the use of your land.

The terms that matter

Option fee

A payment on signing, which you usually keep even if the option isn't exercised.

Purchase price

Often a percentage of market value with permission, less agreed costs.

Minimum price

A floor that protects you if values fall.

Deductions

Which planning and infrastructure costs come off the price before you're paid.

Land near Ilkeston that an option agreement suits

Paddocks and equestrian land in Ilkeston

Useful where the paddock could form part of a wider site.

Barns and rural buildings in Ilkeston

Less common for single buildings but can suit whole farmyards.

Brownfield land in Ilkeston

Can suit larger brownfield sites with a longer planning route.

Redundant commercial and industrial land in Ilkeston

Useful where vacant possession is some way off.

From first call to completion

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We check it properly

    Title, planning history, access, flood maps and local policy.

  3. We put an offer in writing

    It shows how we got there. There's no obligation to accept.

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

Planning and legal points for land in Derbyshire

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.

Section 106 and CIL

Larger schemes often need a Section 106 agreement for affordable housing or contributions, and councils that have adopted the Community Infrastructure Levy charge it per square metre of new floorspace.

Awkward details we deal with

You're worried about the deductions

Ask for a clear list and a cap on what can be deducted. We'll explain each one.

You want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

Useful to send us

  • A plan, or a screenshot from an online map
  • Your title number, if you know it
  • Any planning applications or letters
  • How soon you'd ideally like to sell

Your questions answered

What is an option agreement?

A contract that gives the buyer the right to buy your land within a set period, usually after planning permission is granted. You receive an option fee now and the purchase price if the option is exercised.

Do I keep the option fee if you don't buy?

Normally, yes. The terms are set out in the agreement.

How long do options last?

It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.

How do I get an offer for land in Ilkeston?

Use the form on this page or call 0800 088 6248. Tell us the postcode, the rough size and anything you know about planning, and we'll come back to you.

Nearby towns

More land we buy in Ilkeston

Find out what we'd pay for your land near Ilkeston

Call 0800 088 6248 or send the details. There's no obligation.

Get an offerCall 0800 088 6248