MATHER JAMIE LIMITED says ..

Property Oracle says ..

This listing is for a large development site, ‘Land Known As Ouseburn Triangle,’ located in Darnall, Sheffield. The site has planning permission for 98 new-build dwellings, along with public open space and ecological enhancements. The area is a blend of residential and industrial spaces. While the location offers access to Darnall Train Station and several schools rated ‘Good’ by Ofsted, the visual impression from the aerial photographs shows a somewhat industrial environment. The surrounding streets show a mix of property values with average prices varying greatly. There is a lack of information on the square footage and the listed price of 1 is unrealistic for a development site of this magnitude. Further research and due diligence are critical before investing in this site. The potential of this land is high, if the planning permission is secure, however the current price needs to be validated and a much more thorough analysis of the land and associated risks is required. The potential returns are significant however, the risks and upfront investment must be carefully considered.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images