Morgans says ..

Property Oracle says ..

This listing presents a development opportunity in Dunfermline city centre. The property is a plot of land at 117-119 New Row, with a size of approximately 0.22 acres. Its key selling point is its central location, offering convenient access to Dunfermline Railway Station and local amenities. The site includes existing structures and some overgrown areas that could affect development costs. There are also planning applications approved for residential development on the site, which is a significant factor for potential investors. The list price is £135,000. However, a full assessment of value requires precise details on the size of the plot, the condition of existing structures, and a detailed cost analysis of the development plan, all of which are not fully present within this information. A comparison with similar properties in the immediate vicinity is also difficult, given the incomplete data on nearby property sizes and prices. The presence of approved planning applications does mitigate some of the unknowns but the overall condition of the land and the need for development is a significant consideration. In conclusion, while the property benefits from a prime location and planning permission, the cost of bringing it to a usable state remains uncertain, and potential purchasers should proceed with caution and conduct a comprehensive survey and due diligence.

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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