Auction House says ..

Property Oracle says ..

This listing is for a plot of land located at the rear of 145 Harwich Road in Little Clacton, Essex. The land is being sold via auction. The absence of a house means that traditional property metrics like square footage and number of bedrooms/bathrooms are not applicable. However, the significant size of the land, as evidenced by aerial and plan imagery, makes it ideal for a development project, potentially accommodating two or more houses based on the plans provided. The location benefits from proximity to nearby schools and the train station but isn’t highly central. The area appears peaceful and quiet from the provided images. The asking price is competitive considering the current market conditions and the potential for developing multiple properties, but the substantial costs associated with obtaining planning permission, site preparation, and the building works should be factored into the overall cost calculation. The risk is higher than buying an existing structure. Overall, the land presents a considerable opportunity for a developer or investor; however, it requires extensive project management and a deep understanding of construction and associated costs.

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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