BCM says ..

Property Oracle says ..

This listing presents a development opportunity for a large plot of land in Luccombe Road, Shanklin, Isle of Wight. The land is situated in a desirable coastal location with easy access to the beach and local amenities. Several nearby well-regarded primary schools are within a reasonable distance. The Island Line provides access to other areas of the Isle of Wight. The significant plot size offers substantial development potential. However, the listing currently shows no structure. This lack of structure and limited comparable sales data for similar undeveloped coastal plots makes it challenging to assess the precise value. The asking price should be critically analysed against the cost of development, including planning permissions and building costs, before any investment decision. Potential buyers should conduct thorough due diligence to evaluate the feasibility of the development and project profitability. The absence of existing structures makes any analysis of condition impossible.

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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