Lancasters Property Services says ..

Property Oracle says ..

This property listing on Pot House Lane, Stocksbridge, Sheffield, is a unique opportunity for developers. It’s not a ready-to-move-in house but rather a 1.5-acre development site with planning permission granted for 14 detached homes. The projected gross development value (GDV) of approximately £4 million suggests substantial profit potential. The location in Stocksbridge offers proximity to several schools, receiving positive Ofsted ratings; this would likely be an attractive factor for families. Additionally, the close proximity to Stocksbridge adds to its appeal. However, potential buyers must be aware that this listing is for land, and no existing structure is present; all associated costs of development and construction should be accounted for in any investment plans. While nearby property prices offer some context, the true value of this lot hinges entirely on the successful completion of the planned development. The current list price should be evaluated against the expected returns and potential risks of this venture, rather than simply compared to individual house prices in the surrounding area.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images