Woolley & Wallis says ..

Property Oracle says ..

This plot of land is located in the Freemantle area of Southampton, a location with a mix of housing types and proximity to several amenities. The nearby streets show varying average prices, suggesting a range of property values in the immediate vicinity. The plot itself is relatively small, as evidenced by the images provided. While there is some existing landscaping, the land is largely undeveloped and requires significant work before construction can commence. The list price of £200,000 should be considered in relation to the cost of building a new property on this plot, including planning permission, materials, and labor. The average price per square foot in the area is £302, but this is not directly applicable to a plot of land without a structure. Nearby properties on Northlands Gardens have a range of values, suggesting variability in property prices in the immediate vicinity. The proximity to schools and transportation links is a positive factor for the location. Overall, the value proposition of this plot depends heavily on the prospective buyer’s plans for development and their assessment of the construction costs.

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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