Diamonds says ..

Property Oracle says ..

This listing is for a plot of land at Hill Road, Caerphilly, listed at £155,000. The plot has outline planning permission (Application-20/0983/NCC) for the construction of 11 semi-detached and detached properties. The land itself appears to be sizable, measuring approximately 1.75 acres, according to the listing. Images show a largely undeveloped and uneven plot, with visible vegetation and signs of uneven terrain. The location is in the Aber Valley near Senghenydd, with several nearby schools and train stations, although further information on the local amenities is lacking. The proximity to public transport is a positive attribute. The lack of details regarding property features (bedrooms, bathrooms, etc.) is expected due to the nature of the listing which is simply a plot of land for development. The price needs further examination to ascertain whether it accurately reflects the land’s value, considering the necessary groundwork and construction costs required to develop the site. The planning permission is a significant factor influencing the price, indicating development potential. Further investigation into local market conditions for development land would be needed to make a definitive judgement on the overall value of this property

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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