Real Estate Visit for RAU Students…
PUBLISHED: 11:21 05 November 2015 | UPDATED: 11:21 05 November 2015
First year students on the BSc (Hons) Real Estate course at the Royal Agricultural University (RAU) in Cirencester recently paid a visit to Newland Homes at ‘The Old Market Place’ in Andoversford, Gloucestershire, as part of their induction week activities.
The visit was hosted by former student Andrew Billings, Land Director for Newland Homes.
Andrew spoke to the students of the issues surrounding the identification of potential development sites and their valuation, negotiation with land owners and the local planning authority, and the valuation of land with the potential for development. The students were then shown how the houses are constructed, by the site manager Ian Hughes, followed by the marketing of new homes and their subsequent sales, many of which were ‘off-plan’. Students regularly visit properties as part of the course.
BSc (Hons) Real Estate is an RICS accredited course, designed to enable students to grasp a wide range of different property types and disciplines. In addition to rural property, students cover commercial property which includes offices, industrial, retail, residential and also property used for leisure and recreation.
Newland Homes is regenerating the old cattlemarket at Andoversford after it has laid derelict for a decade. With a mix of 3, 4 and 5 bedroom detached homes for the open market plus 1 and 2 bedroom affordable home, the development has proved hugely popular amongst the local market, with many purchasers moving within the village. More information can be found at www.newlandhomes.co.uk\andoversford