Cooper & Tanner says ..

Property Oracle says ..

This property in Stoney Stratton, Somerset, is a plot of farmland offered for sale by public auction. The listing features an attractive enclosure of pastureland with highway access. The main feature is the expanse of land itself, which appears suitable for various uses, possibly including agricultural purposes or development, subject to planning permission. However, it’s important to note the existing structures are in disrepair and would require significant work, potentially demolition and rebuilding. The lack of residential buildings, bathrooms, or bedrooms makes it unsuitable as a traditional home in its current state. The location is rural but offers relative proximity to amenities and transport links. Overall, this property presents an opportunity for those willing to undertake considerable renovation or development, and the price reflects the risks involved. The appeal would primarily be to buyers who value the land itself and are prepared to invest in its improvement or who wish to develop the property. Buyers should be aware that significant financial resources will likely be required for site work, potential demolition of existing buildings, and to create a habitable building. Further investigation into planning permissions and potential development options is highly recommended. Prospective purchasers should also factor in the additional costs associated with site works and any required planning permissions. The auction format introduces an element of risk and uncertainty; therefore careful consideration of all aspects and a realistic appraisal of project costings are advised before bidding.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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