Dedman Gray Auction says ..

Property Oracle says ..

This property is a vacant plot of land located at the rear of 12-14 Tudor Road, Camp Hill, Nuneaton. It’s noteworthy that the property has already obtained planning permission for the construction of six three-bedroom houses, which is a significant factor affecting its value. This suggests a development opportunity rather than a residential purchase. The location in Camp Hill offers proximity to various amenities such as schools and transport links to Nuneaton and beyond. The size of the plot of land is considerable and suggests potential for a decent-sized development. While there’s no existing structure to assess, the planning permission mitigates the risk for a potential developer. The listing price of £180,000 should be considered in relation to other similar development opportunities in the area and the projected costs associated with the build. A potential buyer should conduct thorough due diligence on the planning permission, construction costs, and projected sale values of the future houses before committing to purchase. The provided nearby listings and property sales are not directly comparable due to varying property types, making direct price-per-square-foot calculations impossible. The lack of such comparable data limits the precision of the analysis.

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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