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Option agreements for land in Blackwood

If you own land in or around Blackwood, option agreements is one of four ways you can sell it to us. Here's how it works and when it makes sense.

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.

  • Free appraisal and written offer
  • No pressure to decide
  • Independent advice encouraged

Tell us about your land

Send the postcode and a rough size.

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

Where Blackwood sits

From Blackwood, it's 2 miles to Gelligaer and 6 miles to Risca. We buy land across that whole stretch of Gwent, not only within the town.

South-east Wales, from the Valleys towns to Newport and the Wye Valley National Landscape in Monmouthshire.

TownBlackwood
CountyGwent
CountryWales
Postcode districtNP12
OS grid squareST19
Nearest towns we coverGelligaer (2 mi), Risca (6 mi), Caerphilly (6 mi)
Distance from NewportAbout 11 miles north-west
Planning systemPlanning Policy Wales and Local Development 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

When an option agreement suits land near Blackwood

  • Land being considered in a local plan review
  • Land needing access or infrastructure to be unlocked
  • Owners who want to keep farming until development
  • Sites with technical issues that need time to resolve

If your land could be allocated in a future local plan, an option keeps it moving towards development without you funding the work.

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.

Deductions

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

Your obligations

Agreements set what you can and can't do with the land in the meantime.

Land near Blackwood that an option agreement suits

Land with planning permission in Blackwood

Rarely needed once consent exists, but can suit phased sites.

Farmland and agricultural land in Blackwood

Common for edge-of-town farmland promoted through the local plan.

Building plots in Blackwood

Rarely needed for single plots.

Inherited and probate land in Blackwood

Can suit families who want to hold on while planning is explored.

How a sale works

  1. Tell us about your land

    Send the postcode or address and a rough size.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  3. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. The legal work

    Your solicitor and ours handle the contract through to completion.

Planning and legal points for land in Gwent

Planning framework

Planning in Wales follows Planning Policy Wales, the national plan Future Wales and the Local Development Plan, prepared by the council or, in a national park, the park authority. When plans are reviewed, landowners can put land forward as a candidate site.

Section 106 and CIL

Section 106 agreements apply in Wales, and a small number of Welsh councils charge the Community Infrastructure Levy.

When the land isn't straightforward

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'd like your advisers' costs covered

Many option agreements include a contribution to the landowner's legal and agent costs. We'll tell you if ours does.

Useful to send us

  • Any planning applications or letters
  • Details of any tenants or grazing agreements
  • Photos of the land and its access
  • How soon you'd ideally like to sell

Your questions answered

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.

What's the difference between an option and a promotion agreement?

Under an option the buyer has the right to buy the land. Under a promotion agreement a promoter gets permission and then sells the land on the open market, taking a share of the proceeds. We offer options, not promotion agreements.

How do I get an offer for land in Blackwood?

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.

Option agreements near Blackwood

Other land in Blackwood

Get a straight answer about your land

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

Get an offerCall 0800 088 6248