David Hill says ..

Property Oracle says ..

This property is a development opportunity comprising the site of a former Methodist Church in Cowling, North Yorkshire, with full planning permission for four dwellings. The location scores well due to its semi-rural charm, proximity to amenities, and relatively easy access to larger towns. The presence of nearby schools adds to the family appeal. However, the property itself is in fair condition. While the structure appears sound, the interior photos reveal a dated and potentially run-down building requiring comprehensive refurbishment or demolition and new construction. The size of the land is a significant advantage, offering ample space for development, contributing to this property’s value. The list price seems reasonable considering the value of the land and the planning permission in place, though it’s essential to factor in substantial renovation or redevelopment costs. A prospective buyer should budget for significant expenditures beyond the purchase price to realize the development potential fully. The lack of details on the specific planning permissions granted adds to the uncertainty of the costs and complexity 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. *

Images