Fry & Kent says ..

Property Oracle says ..

This listing presents a building plot located on Binness Way in Drayton, Portsmouth. The property offers a chance to construct a new two-bedroom house. The plans show a double garage, which is a desirable feature. Proximity to schools like Solent Infant and Junior Schools and Springfield School adds to its family-friendly appeal. The nearby train station at Hilsea is approximately 3.57 KM away, which offers a reasonable commuting option. However, it’s crucial for potential buyers to factor in the additional costs associated with construction. The absence of existing structures means there’s no assessment for pre-existing condition. While the location is reasonably convenient, the lot size is modest, offering a functional space for the planned home but limiting options for expansive outdoor areas. The price reflects the cost of the plot of land, but not the complete project cost, as significant costs for construction will need to be considered. Buyers should conduct thorough due diligence, including checking planning permissions and comparing the final house build costs to values of similar properties in the local area once completed. This will aid in determining the overall financial viability of the project.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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