Bartons says ..

Property Oracle says ..

This listing is for a development plot on Muglet Lane in Maltby, Rotherham, with full planning permission granted for the construction of two 4-bedroom semi-detached houses and six 2-bedroom apartments. The plans provided are detailed and include architectural drawings and site plans. The location benefits from being near several schools, including St Mary’s Catholic Primary School (Special Measures) and Maltby Manor Academy (Good Ofsted rating), and the relative closeness to Maltby town centre is a plus. The proximity to Conisbrough train station (8.73km away) also enhances the accessibility of the property. The list price of £175,000 is potentially reasonable, but a precise assessment requires more information regarding the build cost and projected sale value of the completed units. The lack of specific details regarding plot size and the exact land conditions somewhat limits an overall assessment. The provided images show the plans for the development and are quite detailed. More clarity on the build cost and profitability of this development would help greatly in providing a more complete assessment of its overall worth and value for money. Given the lack of precise information such as actual plot size and specifics of land conditions, the property remains an investment risk. Further due diligence and professional consultation would be highly recommended prior to any investment commitment.

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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