Landwood Group says ..

Property Oracle says ..

The property is a piece of land located adjacent to Regis House on Lyme Road in Uplyme, Devon. The listing price is £300,000. The location is in Uplyme, a village in East Devon, close to Lyme Regis. The area benefits from the presence of The Woodroffe School, rated Outstanding by Ofsted, located just 0.31km away. This is a significant positive for families. Axminster train station is approximately 7.97km away, providing a rail link. The proximity to Lyme Regis offers access to coastal amenities. However, without knowing the specific plot size and its suitability for development, a definitive assessment of the location’s desirability is difficult. Based on the provided images, the land appears to be overgrown and requires some clearing. There is a blue container present on the site. The overall condition of the land is not ideal, and significant preparation would be necessary before any construction could begin. The provided data does not give the plot size of the land. Therefore, no assessment of the land can be made. Considering the list price of £300,000 and the average house price in the area of £458,408, the price of the land seems reasonable, especially given that it is a plot of land and not a developed property. However, without knowing the size of the plot and its potential for development, it’s difficult to make a definitive statement on the value for money. The average price per sqft in the area is £424.00, but this is irrelevant for a land sale as there is no sqft for the land. The nearby property prices vary considerably, ranging from £475,000 to £1,800,000, indicating a wide range of property values in the area. This makes it difficult to definitively assess the price of this land without more information.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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