David Britton Estates says ..

Property Oracle says ..

This property is a significant plot of land located in Culgaith, Cumbria. The listing describes it as having potential for residential development, which would make it a potentially lucrative investment for developers. However, the photos reveal that the land is currently undeveloped and somewhat overgrown. There are no existing buildings or structures on the property. The land itself has an expanse which would accommodate a potentially spacious house. The nearby listings indicate that property prices in the surrounding area vary significantly depending on the size and condition of the property, with prices ranging from £142,000 to £500,000 for properties of differing sizes. The location in Culgaith provides a good rural setting with access to local schools and amenities, but also presents the potential challenge of being quite remote for some individuals. The proximity to Langwathby station is positive, and the Ofsted ratings for several nearby schools appear promising. The lack of precise information about the plot size in square footage, combined with the absence of details about any potential planning permission, makes it challenging to accurately assess the full value. Overall, this property is best suited for someone looking for a substantial development project in a tranquil, yet reasonably well-connected, rural location. The substantial size of the land makes it an attractive proposition, however, significant costs must be taken into account. Thorough investigation into local building regulations and development costs is necessary before purchasing this property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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