The asking price of £50,000 for a development site with planning permission for five dwellings seems relatively low compared to the prices of nearby properties. This could suggest good value, however, the development costs and potential profit margins need thorough assessment to determine the actual return on investment. Further information, such as the size of the individual plots resulting from the development, is essential for a more accurate price evaluation.

The photos reveal an overgrown, undeveloped plot. While this isn’t inherently negative for a development site, it indicates the land requires significant preparation and clearing before construction can begin. This contributes to a lower condition score compared to a ready-to-build plot.

Lostwithiel is a desirable town in Cornwall, offering a good balance of amenities and proximity to the coast. The presence of nearby schools and a railway station enhances the location’s appeal. However, the specific location of this plot within The Brambles needs further investigation to assess its exact advantages and potential drawbacks (e.g., views, noise levels, proximity to other properties).

The plot size isn’t specified, but based on the images it appears to be of moderate size, suitable for the planned five dwellings. However, without precise dimensions, it’s difficult to definitively assess the quantity of land relative to the proposed development. The lack of landscaping and existing structures contributes to a lower score.