Savills says ..

Property Oracle says ..

This property listing presents a development opportunity in Farnham’s town centre on Bear Lane. The site is currently undeveloped land, as seen in the provided aerial imagery. It’s clearly situated in a highly desirable location, close to Farnham Castle and benefiting from excellent transport links via Farnham Train Station (approximately 0.81 km away). Several well-regarded schools are also located within a short distance. The proposed development, as shown in artist’s impressions, suggests a mixed-use development with residential and perhaps commercial units. The listing highlights this as an excellent ‘consented development opportunity’, implying planning permission is already in place, reducing potential development risks and streamlining the construction process. However, it is crucial to note that without knowing the exact plot size and detailed development plans, it’s impossible to accurately assess the overall value or potential return. The current state of the land presents it as a project for a developer, rather than ready-to-move-in accommodation. The £5,000,000 list price reflects this opportunity and its central location, although thorough due diligence on the project plans, costs, and potential profits will be necessary for any interested party.

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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