Ellis Brooke says ..

Property Oracle says ..

This property listing presents an opportunity to acquire approximately 0.5 acres of land situated on Park Lane, Galley Common, Nuneaton. The land is described as being on the edge of Galley Common, close to both a housing estate and an industrial estate, which could be considered a positive factor depending on the type of development envisaged. A recreation ground is situated to the rear of the property. Access to the land is provided directly from Park Lane. The photos show the land to be quite overgrown and in need of clearance and potential landscaping; there are remnants of old concrete paving visible. The lack of existing buildings means any development will require planning permission. The price of £75,000 needs to be considered in the context of other land transactions in the area and planning considerations and requirements. The near proximity to schools (Park Lane Primary School, Galley Common Infant School) could be a favorable aspect for those considering residential development. The distance to nearby train stations at Atherstone, Bermuda Park, and Nuneaton should also be considered for transport links. The overall potential depends greatly on obtaining necessary planning permissions, therefore a full property survey is essential before purchase to check for any significant issues or potential liabilities.

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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