Eadon Lockwood & Riddle says ..

Property Oracle says ..

This listing is for a plot of land on St Mary’s Road, Rawmarsh, Rotherham, South Yorkshire. The key feature is that planning permission has been granted (conditionally) for the construction of a detached property. The approved plans show a three-bedroom house with a garden. The site location within Rawmarsh offers proximity to good schools, local amenities, and relatively easy access to public transportation. Although train stations are not immediately walking distance, several are accessible within a short car or bus journey. The images of the garden show it is in a somewhat unkempt state, with areas of overgrown grass and some debris. It would require some tidying and landscaping before construction begins. The price point needs to be considered in relation to the cost of construction and the prevailing market conditions in Rawmarsh. While the asking price may seem reasonable given the potential for a new build, the success of the project and final return on investment is subject to the cost of construction, building regulations, and the success of the sale or rental of the completed property. Potential buyers should perform thorough due diligence including independently verifying the planning permission, obtaining multiple construction cost estimates, and considering potential market fluctuations before proceeding.

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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