Rostons says ..

Property Oracle says ..

This listing presents an opportunity to purchase a plot of land with approved planning permission for a significant residential development in Nantwich, Cheshire. The 2,500 sq ft plot is located on Blackberry Close in Wrenbury, offering a blend of convenient access to Nantwich’s amenities and a more tranquil suburban setting. The granted planning permission encompasses the construction of two pairs of semi-detached houses and a detached house with a garage, creating a substantial development prospect. This presents a lucrative opportunity for property developers or investors seeking high-potential returns, provided they can manage the development costs and risk associated with such a project. However, potential buyers should conduct their own thorough due diligence, including obtaining independent costings for the construction of the proposed buildings, and factoring in associated fees and taxes. The absence of an existing structure means this purchase carries inherent risk, with potential issues such as groundworks, unexpected costs, and planning approvals needing careful consideration before committing to the purchase. Proximity to Nantwich, known for its strong market and attractive lifestyle, adds appeal to the overall proposition, but it is important to note the lack of detailed pricing information for comparable land sales is a factor in making a thorough analysis difficult. Near by schools have a good Ofsted rating which add value for those looking to purchase for families.

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

Images