EBG & Longstaff Chartered Surveyors says ..

Property Oracle says ..

This listing presents a significant residential development opportunity in Long Bennington, Lincolnshire. The property comprises a 5.673-acre plot of land with outline planning permission for up to 50 residential units. The location in Long Bennington is favorable, being in the catchment area of a ‘Good’ Ofsted-rated primary school, with other schools within a reasonable distance. While 7km from Bottesford train station, its access to other amenities within the village makes the location appealing. The size of the land parcel itself is substantial, offering the potential for a notable housing development. However, the lack of information regarding square footage, number of bedrooms, and bathrooms, is to be expected given this is a land plot and not a property. Further investigation into the specifics of the planning consent, including any conditions, potential building costs, and market analysis for the area would be essential before determining the financial viability of this investment. The provided neighbouring property prices give a limited perspective as the pricing range seems high, but are not directly comparable to this development land. Given this is a development plot, a detailed financial model and professional valuations would be key in making a well-informed decision.

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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