King West says ..

Property Oracle says ..

This listing presents a development opportunity for a plot of land located on Church Lane in Braunston & Martinsthorpe, Rutland. The property is marketed as a development plot, formally known as “The Lilacs.” The plot appears substantial in size, as evidenced by aerial imagery, offering potential for a significant build project. The location in Rutland offers access to the amenities of Oakham, including a train station and highly-rated schools such as Brooke Hill Academy, Catmose Primary, The Shires At Oakham, and Catmose College. The proximity to Oakham adds to the desirability of the location. However, the absence of existing structures means the property is in its initial developmental stage. The list price of £490,000 needs further context. A comparison with other land prices in the area and details regarding planning permissions and potential building costs are crucial for determining the overall value proposition. The lack of information on plot size in square feet in the provided data limits a precise valuation. The absence of bedrooms and bathrooms is expected given the property’s undeveloped status. Overall, this property presents a development opportunity in a desirable location, but a comprehensive financial analysis considering all associated costs and potential returns is necessary before a final judgment on value can be made.

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

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