Bridgfords says ..

Property Oracle says ..

This property is a development opportunity located in Batley, West Yorkshire. The listing details outline planning permission for 15 dwellings, implying significant potential for profit. The land itself is currently undeveloped, requiring substantial work before construction can begin. However, the site’s location near schools, transport links (Batley and Dewsbury train stations), and the large plot size are notable advantages. The current condition of the land is far from ideal, requiring clearing and preparation. The nearby listings showcase a range of property types and prices, highlighting that the £500,000 asking price is contingent upon successful development and sale of the planned houses. Therefore, a thorough feasibility study considering construction costs, marketing, and local market demands is crucial before committing to this investment. This will determine the final financial viability. Buyers must be prepared for potential delays and expenditures associated with site preparation and adherence to planning regulations. The proximity to schools could be a positive marketing aspect if the development targets families.

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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