Lambert Smith Hampton says ..

Property Oracle says ..

This property is a large undeveloped plot of land situated on Lavernock Road, Penarth, Wales. The listing indicates it is a rare opportunity to purchase a rectangular site in an area of open countryside between Sully and Penarth. The land is suitable for a variety of uses, subject to planning permission. The images reveal an overgrown and unimproved site, requiring substantial work to prepare for construction. Given the lack of any structures or existing amenities, this property is essentially a development opportunity. Nearby properties are a mix of detached houses and holiday chalets, suggesting significant price variations. The absence of key property features such as the number of bedrooms and bathrooms reflects the raw nature of this land sale. The location itself is semi-rural, offering a balance between proximity to the towns of Sully and Penarth, providing access to amenities and transportation, while maintaining a degree of seclusion. The site’s accessibility from Lavernock Road is a plus point. The significant price tag reflects both the scarcity of such plots and the inherent costs and risks associated with land development. Potential buyers must weigh the significant initial investment needed for development against the long-term potential of the land’s location and size.

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

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