David Bailes says ..

Property Oracle says ..

This listing presents a development opportunity rather than a ready-to-occupy property. The land, located near the Annfield Plain town centre on Granville Avenue, benefits from planning permission (Ref: DM/23/03715/FPA) for two three-bedroom semi-detached houses. This significantly reduces development risk and potentially increases its market value. The proximity to Annfield Plain Infant School and Annfield Plain Junior School, along with other schools within a reasonable distance, would make the finished homes attractive to families. The absence of detailed information regarding transportation access is a potential drawback. While the list price of £65,000 is relatively low, this is appropriate considering the fact it’s a plot for development. Investors should carefully assess the potential construction costs, market demand, and timeframes before making an investment decision. Overall, for developers or investors seeking a potentially lucrative venture in Annfield Plain, this land presents an appealing option. Further due diligence is always recommended.

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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