Haller Evans says ..

Property Oracle says ..

This listing presents an opportunity to acquire approximately 5 acres of vacant land located in Hedon, East Riding of Yorkshire. The land is described as pasture/agricultural and is fairly level. The location within Hedon, a historic market town, offers potential benefits due to its proximity to schools (including a highly-rated nursery school), shops, and other amenities. The significant plot size presents considerable potential for development, but this will obviously depend on obtaining the necessary planning permissions. The list price is significantly undervalued, as the amount is a placeholder for “offers invited”. However, serious buyers will need to assess the feasibility of any building project on the site before making an offer. It’s crucial to conduct thorough due diligence, including obtaining a survey and exploring planning permission options, prior to making any investment decision. Analysis of nearby property prices shows that the potential value of this land is far greater than the £1 asking price. The absence of details regarding the property’s square footage and absence of structures makes it hard to assess the value without a thorough site visit and investigation.

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

Images