Peter Morgan says ..

Property Oracle says ..

This listing presents a building plot situated on Pearson Way in Briton Ferry, West Glamorgan. The property is characterized as undeveloped land requiring individual planning permission. Several images showcase the site, primarily consisting of grassy land with potential panoramic views. Nearby properties on Pearson Way command significantly higher prices, suggesting potential value in the land itself, given the need for significant development cost. The absence of existing buildings means that the cost of construction would need to be factored into the overall investment appraisal. The proximity to transport links, notably Briton Ferry and Neath train stations, within approximately 1-2 km, improves the plot’s overall desirability. Several schools are also within approximately 1-2km. However, the undeveloped nature of the land and the absence of a building are significant factors to consider. Purchasers need to factor in the planning process, building costs, site preparation, and other related expenses when evaluating the total investment. The property’s market positioning appears competitive, but careful financial assessment is necessary given the project’s speculative nature.

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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