Connect-UK says ..

Property Oracle says ..

This listing is for approximately 2.2 acres of freehold land located in Stalmine, Lancashire. The land is being sold via auction. The location is described as excellent, while the images show a relatively flat plot situated in a rural setting, adjacent to other industrial/agricultural sites. While the precise condition of the land isn’t explicitly detailed, the aerial imagery suggests that the land appears to be largely undeveloped and reasonably level.

The property’s proximity to Stalmine Primary School (0.84km), and the relatively close distance to other primary schools and a secondary school makes it reasonably convenient location for families. Also, a train station is within reasonable distance of the property. The fact that the property sits close to industrial and agricultural buildings indicates it will not be suitable for building a residential home. However, with the required permissions, it offers potential for various development projects, though this will require further investigation of planning regulations and associated costs.

The absence of square footage and other metrics related to residential properties makes it difficult to directly compare this lot to other local housing and land sales. While nearby properties have significantly higher listing prices, this is expected due to the nature of those properties (residential housing) being very different to this raw land plot. The price seems competitively priced relative to the acreage but potential buyers should undertake thorough due diligence to assess its true market value and possible development opportunities. This includes investigating planning permission, ground surveys, utility connections and potentially employing land surveyors.

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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