Petty Estate Agents Limited says ..

Property Oracle says ..

This listing is for a residential building plot located at the entrance of Pierce Close in Padiham, Burnley, Lancashire. Planning permission (Reference No. FUL/2022/0541) has already been granted for the erection of a spacious, detached three-bedroom dormer bungalow. The approved plans showcase a property with a garden and driveway with parking for two vehicles. The plot’s location offers convenient access to several well-regarded primary schools with ‘Good’ Ofsted ratings. Whilst it’s not within walking distance to the town centre, its proximity to Hapton train station provides convenient commuting options for those needing to travel further afield. The immediate surrounding area features a mix of housing types, suggesting a fairly established neighbourhood. Nearby streets like Well Street, Grasmere Avenue, and Thirlmere Avenue present comparable property prices, providing a valuable benchmark for evaluating the value of this building plot. The absence of an existing structure and the need for new construction mean that buyers should account for substantial costs beyond the purchase price. The list price reflects the value of the land and the already-granted planning permission, however buyers should factor in building costs and other associated fees to get a complete picture of the total project cost. Whilst the location benefits from convenient access to good schools and relative proximity to transportation, buyers should assess their own transportation needs and potential building costs.

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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