roseberry newhouse says ..

Property Oracle says ..

This listing presents a unique opportunity in Yarm, North Yorkshire. It’s a development plot located on The Old Market, in the town’s centre, close to various amenities and transport links. The site boasts a large plot size, approximating 0.66 of an acre, with approved planning permission for a three-bedroom detached house. This means that a significant development is possible, creating a substantial dwelling.

However, the property is currently in need of extensive work. The site requires substantial landscaping and the existing structures will likely need significant renovation, possibly impacting the build and/or costs. The lack of specific information on the property’s condition and the need for a full survey before purchase means investors should carefully assess potential additional costs before committing to this development opportunity. The price should be viewed in light of the potential return on investment, rather than a direct comparison to smaller, pre-built houses in the area. Given its central location in Yarm, proximity to transport, schools and amenities, this remains an attractive option for those looking for a self-build or significant renovation project in a very desirable location.

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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