Webbers Property Services says ..

Property Oracle says ..

This listing presents an opportunity to acquire a plot of land in a desirable Ilfracombe location. The property, located on Queen’s Avenue, is close to local amenities and highly-rated schools, indicating strong potential for future development. However, the land is currently overgrown, and any structures would require demolition or significant renovation. Aerial views reveal a triangular-shaped plot that will require significant work before construction. The lack of specific square footage for the property makes comparative valuation difficult. The list price appears comparatively low given neighboring property prices; however, the need for extensive land preparation and potential planning considerations must be considered. Buyers should be mindful of potential planning challenges and associated costs of preparation before considering this purchase. A thorough investigation into planning permissions and associated costs, including site clearance, groundworks, and infrastructure would be crucial. Ultimately, the property’s value depends heavily on the feasibility and cost of the development.

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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