The listed price of £100,000 for a plot with planning permission for two commercial units needs to be considered within the context of the local market. While the lack of comparable sales data (all nearby sales listed are residential properties) makes a precise valuation challenging, the auction format suggests a competitive process, potentially leading to the list price being surpassed but equally, could result in a lower price. The risk of an auction-style sale is significant, the market uncertainty adds to that risk, impacting the price score.

The photos show the land is largely undeveloped and cleared, with some debris present. It’s not in a state of disrepair but lacks any landscaping or improvements. The site’s existing infrastructure is more of a factor to be considered from a development perspective.

The property benefits from being close to several amenities. Wakefield Kirkgate train station is within walking distance, providing good transport links. The proximity to several well-regarded primary schools (St Austin’s, Wakefield Pinders Primary) with ‘Good’ Ofsted ratings is also a positive, making it attractive for families. The location is within a residential area, which can be both an advantage and a disadvantage depending on the buyer’s priorities.

The plot size is noted as 23m x 13m, but the photos show a relatively small area with existing boundaries already in place. The land’s potential is limited by its existing structure but the granted planning permission is a significant factor, allowing for some future use development. Given planning permission for two commercial units, it is relatively large in terms of potential value.