Fox Grant says ..

Property Oracle says ..

This property listing presents an opportunity to purchase a large plot of undeveloped land (Lot 4b) in Awbridge, near Romsey, Hampshire. The significant plot size of 1,487,652.66 sqft is a major feature and represents the primary value proposition. The listing lacks details on the suitability of the land for building; hence, potential buyers must undertake thorough due diligence to ascertain whether planning permissions can be obtained and the necessary infrastructure is available. The area appears to be predominantly rural, with limited immediate access to amenities. Public transport links are also limited, with the nearest train stations being a drive away. While this may offer a peaceful setting, it would require car ownership for most daily activities. The proximity of Awbridge Primary School and other schools in Romsey may be considered advantageous for those with families. However, the high prices of nearby properties suggest a generally affluent and desirable area. The land’s undeveloped nature necessitates significant investment for development and construction, which would need to be accounted for in evaluating the property’s actual value. The list price is significantly lower than other plots and properties in the immediate area, potentially reflecting the costs and risks associated with building on undeveloped land, while showing the land is relatively inexpensive per square foot.

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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