Lister Haigh says ..

Property Oracle says ..

This property listing presents an opportunity to acquire a sizable plot of land (23.40 acres) in a rural location near Wath, North Yorkshire. The land appears well-maintained, based on the provided photographs, and showcases a mix of grassland and some treeline. The extensive acreage offers significant potential for various uses, ranging from agricultural purposes to potential development, subject to obtaining the necessary planning permissions.

The location itself is a rural setting near Ripon. This may appeal to buyers who value tranquility and proximity to nature, but the distance from larger towns and cities will be a factor for potential buyers. Access to amenities and transportation needs further consideration, as there is no direct transportation mention and schools are at a significant distance, requiring transport for children.

The absence of any buildings on the land significantly impacts its evaluation. The listing focuses exclusively on the land itself. Buyers should understand there is no structure, therefore no building inspection and there is no indication if planning permits could affect the potential use of the land. Therefore, a thorough due diligence process is essential before making any purchase decision. Comparing the price per acre to similar nearby land sales suggests the price is generally in line with market expectations. However, a professional valuation is recommended to accurately assess the property’s true worth considering the unique nature of the large land holding and the lack of buildings.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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