Sell Brownfield Land in Magherafelt
What a brownfield site in Magherafelt is worth for homes depends less on its size than on what lies underneath and next door. Our free, no-obligation appraisal looks at former uses, likely ground conditions, flood risk, access and any business tenants, then explains whether a direct sale, conditional contract or promotion suits the site.
Magherafelt · BT45Free site appraisal
Tell us about your land and we will call you back. No cost, no obligation.
Prefer to talk? Call 0800 088 6248.
- Free site appraisalNo cost, no obligation
- Legal fees coveredReasonable fees, on options and promotion
- Nothing to pay upfrontOn promotion: we fund planning
- Direct purchaseSuitable sites, with or without planning
- UK-wideEngland, Wales, Scotland and NI
Our coverage in Magherafelt
We cover Magherafelt as part of County Londonderry. It is about 33 miles south-east of Derry/Londonderry, around postcode district BT45. The nearest other places we cover are Cookstown (9 miles), Ballymena (15 miles) and Antrim (16 miles).
In and around Magherafelt, the land we appraise ranges from large and long rear gardens to backland plots with a workable access, including small holdings and pony paddocks. Planning in Magherafelt follows Northern Ireland’s rules: the Strategic Planning Policy Statement sets national policy and the council’s Local Development Plan sets local policy.
If you own land near Magherafelt, the first step is a free, no-obligation appraisal.
What we offer in Magherafelt
Tenants and leases
If business tenants remain, their lease terms and any statutory protection affect when the site can be cleared. We review the leases before agreeing timing with you.
Flood risk and drainage
Some brownfield sites sit in flood zones or rely on old drainage. Flood policy may require a sequential test, showing that no suitable sites at lower risk are reasonably available.
Loss of employment land
Councils may resist losing business land to housing. Policies vary, so we check whether marketing evidence or a viability case is likely to be needed before any application is made.
VAT on commercial sites
If you have opted to tax the property, VAT may be chargeable on the sale, which affects what a buyer pays. Your accountant should confirm the position before a price is agreed.
Planning in Magherafelt: the Northern Irish rules
Countryside planning policy in Northern Ireland is generally restrictive, so land inside or next to the settlement development limits around Magherafelt is usually the strongest prospect for new homes. Outline planning permission can establish the principle, with reserved matters approved later. A promotion agreement lets us fund that planning work, with our costs recovered from the sale proceeds only if the land sells with planning. Your reasonable legal fees are covered too, agreed in the heads of terms.
In Northern Ireland, the SPPS encourages the reuse of brownfield land within settlements. Contamination is usually dealt with through planning conditions, with the Northern Ireland Environment Agency consulted, and flood risk is checked against the Department for Infrastructure's flood maps. Councils may want evidence before releasing land zoned for economic use. Stamp Duty Land Tax applies.
| Who decides applications | The 11 district councils, with the Department for Infrastructure deciding regionally significant applications |
|---|---|
| Land transaction tax (paid by the buyer) | Stamp Duty Land Tax (SDLT) |
| How a sale becomes binding | A land sale becomes legally binding when contracts signed by both parties are exchanged and finishes on completion, with the title registered in the Land Registry at Land & Property Services. |
| Developer contributions | Section 76 planning agreements under the Planning Act (Northern Ireland) 2011 (there is no Community Infrastructure Levy) |
Questions about Sell Brownfield Land in Magherafelt
Do I need a contamination report before selling?
Not necessarily, but it helps. A desk study of past uses is relatively inexpensive and gives buyers confidence. If you hold older reports, share them. Buyers will usually carry out their own investigations anyway, both as part of their due diligence and because planning conditions often require them.
Who pays for contamination clean-up when I sell?
It is negotiated. Usually the buyer allows for remediation in the price it offers, so the cost is reflected in the land value. Contract terms can also deal with environmental liabilities after the sale. Where contamination is serious, environmental law can in some cases leave liability with whoever caused it, so take legal advice.
Will VAT apply when I sell my brownfield site?
It may. If you have opted to tax the land or buildings, VAT can apply to the sale price. Whether the option can be disapplied depends on what the buyer intends to do with the property, and the rules are technical. Ask your accountant before agreeing a price, because it affects what the buyer pays.
What counts as brownfield land?
Brownfield, or previously developed land, is land that is or was occupied by a permanent structure, including the land around it. Former yards, depots, garage blocks and commercial buildings usually qualify. Definitions vary by nation, and some exclude private gardens, agricultural buildings or sites where earlier remains have blended into the landscape.
Is Magherafelt an area you cover for land?
Yes, we cover land in Magherafelt and elsewhere in County Londonderry, including Limavady, Derry/Londonderry and Coleraine. Where a site suits us we can buy it directly, or set up an option or promotion agreement. On promotion there is nothing to pay upfront.
Read more: Sell Brownfield Land · Guide: Green Belt and grey belt land explained