In article ,
John Smith wrote:
Round my way, and I suppose this is increasingly common, I look
at houses and think "That has a nice bit of land but the house
is crap - why can't I knock it down and build a new one but a
quality new one!"

What you want is a house that does not fit in with its
neighbours. A few years back a 1950's infill bungalow (in a
street of Victorian houses) two doors from me went for £130K. The
buyer got pp for a 2.5 storey pseudo-Victorian house which
probably cost £200K tops to build. Resulting house worth £4-500K.
And far from the planners putting ever obstacle in the way, as is
the norm, they were only too happy to see the replacement.

Having said this, round here developers have cottoned on to the
fact that bungalows generally occupy fairly generous sites so
they sell on their redevelopment rather than intrinsic value.

--
Tony Bryer SDA UK 'Software to build on' http://www.sda.co.uk
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http://www.sda.co.uk/qsedbuk.htm