Starkey & Brown says ..

Property Oracle says ..

This listing presents a building plot on Lincoln Road in Metheringham, Lincolnshire. The plot offers potential for development, given its location within a sought-after village. Metheringham benefits from local amenities such as schools (The Metheringham Primary School is only 0.47km away and is rated ‘Good’ by Ofsted), shops, and transport links, including a railway station approximately 2km away. The plot itself appears to be of reasonable size, suitable for a family home, but currently presents an overgrown and unkempt appearance, requiring significant land preparation before building work can commence. The list price of £120,000 necessitates consideration of all preparation and construction costs. While comparable properties in the area show varying prices, the lack of specific details regarding the size and specifications of this plot makes direct price comparison challenging. Potential buyers should factor in costs related to site clearance, groundwork, and obtaining planning permission, in addition to the price of the land itself. This is a viable option for those who are looking for a building project, but who are prepared to invest in the preparation work required to prepare the land. Overall, buyers should conduct a comprehensive assessment of the site’s suitability for their desired project before committing to purchase.

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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