Lord & Porter Limited says ..

Property Oracle says ..

The property is a development opportunity located in Marston, near Great Budworth, Cheshire. The listing price is £1,500,000. The location is in a rural setting, with the nearest train station being Northwich (2.81km). Several primary schools are within a 3km radius, including Great Budworth Cofe Primary School (rated ‘Good’ by Ofsted) and Wincham Community Primary School (rated ‘Outstanding’). This suggests a reasonably good location for families, though the distance to amenities may be a factor for some buyers. Based on the provided images, the property is in need of significant renovation. The buildings appear dilapidated and overgrown, requiring substantial work to bring them up to a habitable standard. This is a major consideration for potential buyers. The property includes extensive land, encompassing various buildings and a sizable plot. The exact size isn’t specified, but the aerial shots show a large area, suggesting a high land score. Given the significant renovation required, the rural location, and the large plot of land, the £1,500,000 list price is high compared to the average house price in the area (£333,863). However, the price may be justified by the development potential, allowing for the construction of multiple properties. The lack of comparable properties with similar characteristics makes a definitive price assessment difficult. Further analysis of planning permissions and potential build costs would be necessary to fully evaluate the price.

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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