BuckleyBrown says ..

Property Oracle says ..

This property listing is for a plot of land at Orchard Mews, Pinxton, Derbyshire, with full planning permission granted for a residential development. The site totals approximately 0.61 acres and is located close to the M1 motorway, providing good transport links. Nearby schools include Pinxton Nursery School (rated ‘Good’ by Ofsted), John King Infant Academy, Kirkstead Junior Academy, Longwood Infant Academy, and Frederick Gent School. The proximity of these schools could be attractive to families. The photographs show the land to be overgrown and in need of significant clearance and preparation before construction can begin. The condition of the land is a major consideration for potential buyers. There are no existing buildings or structures. The asking price of £500,000 is in line with some other larger properties or land plots in the vicinity, but considering the extensive work needed to prepare the site, its price may deter some buyers looking for a more turnkey solution. Overall, this property presents a development opportunity with both advantages and considerable challenges due to the land’s condition and the upfront costs involved in site preparation.

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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