Howkins & Harrison LLP says ..

Property Oracle says ..

This listing from Howkins & Harrison LLP is for a 0.74-acre plot of land located to the north of 14 Longcroft Lane in Paulerspury, Northamptonshire. The key feature is that it has ‘Permission in Principle’ for the development of 2-4 self/custom-build dwellings. This represents a unique opportunity to create a new property or potentially multiple properties, appealing to those interested in bespoke builds. The land itself appears relatively flat and suitable for building according to the provided photos. Its location in Paulerspury is advantageous, given its reputation as a sought-after village in Northamptonshire. However, the lack of an existing structure means that significant development costs must be factored into any valuation. Nearby property prices are difficult to compare directly due to the absence of square footage information for most listings. The sale price is likely to be influenced by the planning permission granted and the perceived value of creating multiple properties. Potential buyers will need to meticulously assess the development costs and projected returns before committing to this investment. Given that there is no existing property, the price score takes into consideration this aspect.

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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