Connect-UK says ..

Property Oracle says ..

This listing is for a plot of land identified as Plot 5, Picketts Farm, located in Horley, Surrey. The land is approximately 0.5 acres. The listing specifies it is for sale by auction with no overage and is described as freehold amenity land suitable for various uses subject to obtaining necessary planning consents. The location offers a balance of rural serenity and reasonable proximity to nearby towns including Horley, Redhill, and Reigate, providing access to a range of amenities, schools (several ‘Good’ rated primary schools are within a 3km radius), and transportation links, including train stations to London and Gatwick Airport. While the lack of existing buildings on the property means it’s not immediately habitable, the sizable plot presents opportunities for development, although this requires a substantial investment and successful planning application. Comparable nearby properties are significantly more expensive, suggesting that the price, while affordable, reflects the risks associated with land acquisition and the uncertainties of development. The auction format inherently involves a level of risk and requires buyers to undertake their own due diligence. Prospective buyers should thoroughly investigate the planning regulations, development feasibility, and potential costs associated with any building projects before bidding.

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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