Knight Frank - New Homes says ..

Property Oracle says ..

This property listing presents a unique opportunity in Trowbridge, Wiltshire. The site at Stallard Street is a large plot of land with outline planning permission for a significant residential development. The existing condition of the land requires considerable work – it’s essentially a cleared brownfield site. The images showcase a largely flat, concrete expanse with signs of previous industrial use. Nearby properties are a mixture of residential, ranging in styles. The location is central to Trowbridge, near Trowbridge railway station, offering good transport links. There are several well-regarded schools within walking distance, including Newtown Community Primary School, St John’s Catholic Primary School, and The John Of Gaunt School, which will likely be attractive to future residents of the development. The context of nearby apartments at Clarks Mill indicate a growing, attractive area, but also indicate a price point that might necessitate a more comprehensive evaluation of costs and profitability to adequately estimate the price point of the land itself. The absence of specific figures for the list price, square footage, and plot size prevents a precise valuation. However, given the substantial scale of the potential development project, any investor would need to perform thorough due diligence, including a detailed feasibility study and a comprehensive cost assessment to determine the property’s overall value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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