Fairweather Estate Agency says ..

Property Oracle says ..

This property in Stickney, Lincolnshire, is a large development plot listed at £450,000. The land itself is substantial, as evidenced by aerial photographs, presenting a significant opportunity for housing development. The plot’s location in Stickney offers proximity to local schools, including Stickney Church of England Primary School (rated ‘Good’) and William Lovell Church of England Academy (rated ‘Requires Improvement’). However, the limited information on transportation links and the absence of precise plot dimensions hinder a complete assessment. There are no pictures of an actual property, but of the surrounding land. The lack of data on square footage and the absence of any existing building structures on the plot means that the usual metrics of bedrooms, bathrooms, and property condition are inapplicable. The price, while seeming high for an undeveloped plot, needs context considering the planning permission already granted and the potential for multiple units. Further investigation into planning permission details, potential build costs, and the likely number of units is strongly recommended to determine the true viability and profitability of this investment opportunity. This would allow for a more accurate determination of the property’s true value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images