Balmforth says ..

Property Oracle says ..

This property is a development opportunity in Westley Waterless, near Newmarket, Cambridgeshire. The listing is for a plot of land intended for the construction of two detached houses. The site plan shows the land is reasonably sized. The provided architectural drawings detail the proposed design for the houses, suggesting a modern and potentially desirable style. However, there is no existing structure. The buyer must factor in the costs associated with obtaining planning permission, construction, and subsequent sale or occupation of the properties. The proximity to Dullingham and Newmarket offers a degree of accessibility, although it’s crucial to consider whether this location aligns with buyer preferences in relation to amenities and transport. Nearby schools show a mixed Ofsted rating, some needing improvement and others rated as good, therefore these should be fully investigated. The absence of sq ft data for both the plot and the proposed dwellings makes a comprehensive comparison to the local average price per sq ft impossible. The lack of detailed information on the soil conditions, potential environmental concerns and potential hidden costs should also be fully investigated. A buyer should approach this purchase with a comprehensive understanding of the risks and investment involved.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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