Stags says ..

Property Oracle says ..

This property in Bridgerule, Devon, is a plot of land with planning permission for two houses. The site currently features some dilapidated structures that would need demolition. The location is rural, with a primary school located close by, offering a peaceful setting, but with potentially limited amenities.

The lack of precise details regarding square footage for both the land and any potential structures makes a definitive assessment challenging. The photographs depict a large area of land that appears to be in a neglected state, with some old buildings in disrepair. There is no garden to mention, although there is a lot of land.

The asking price of £150,000 may represent a reasonable investment opportunity for a developer but would likely not suit buyers seeking a ready-to-move-in property. Potential buyers should budget for substantial demolition and construction costs. The absence of clear property specifics makes any evaluation incomplete. A thorough site survey and professional valuation are essential before making a purchase decision. The potential for considerable development gains makes the price comparatively reasonable for an experienced property developer, but for a standard home buyer it’s unlikely they’d be happy with the level of work required.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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