The listing price of £40,000 seems reasonable considering the location and potential for development. However, the lack of specifics regarding plot size and the need for potential groundworks and preparation impact the overall value proposition. The price is relatively low compared to nearby residential properties, suggesting it’s priced competitively for its potential, although risk is involved.

Based on the provided aerial and street-view images, the land appears to be undeveloped and potentially requires significant preparation and cleanup before any construction could begin. The existing structures adjacent to the land seem to be in fair condition, but this does not reflect the condition of the land itself. There’s no visible evidence of landscaping or improvements.

The property benefits from a convenient location in Lancing, West Sussex. Proximity to Lancing train station (0.18km) offers good transport links. Several schools are within walking distance, including The Globe Primary Academy (rated ‘Good’ by Ofsted). While the immediate surroundings appear to be primarily commercial, the residential area is close by, suggesting a balance of convenience and residential proximity.

The plot size is not specified, but the aerial image shows a relatively narrow strip of land. While it does represent a potential development opportunity, the limited size restricts its score. The land appears to be suitable for development, but its shape and size are limiting factors.