Lacy Scott & Knight says ..

Property Oracle says ..

This listing presents a large parcel of agricultural land in Stonham Aspal, Suffolk. The property, advertised by Lacy Scott & Knight, consists of approximately 193.46 acres of Grade 3 arable land. The location offers proximity to Stonham Aspal Church of England Voluntary Aided Primary School, but buyers will need to evaluate the commute to secondary schools further afield. Nearby residential properties provide a point of comparison but there is no information on the potential building rights associated with the land and this significantly impacts a value assessment. Therefore, an informed assessment of the value requires more detailed information including planning permissions for the land, and potential use cases. The asking price must be considered relative to these unknowns. The surrounding area appears peaceful and rural, making it a potentially attractive proposition for those seeking a significant landholding in a tranquil setting. However, the sheer size of the property is likely to limit the pool of potential buyers to those with specific agricultural or development plans. There’s no evidence of buildings on the land, therefore this assessment is limited to the land itself.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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