Fox Grant says ..

Property Oracle says ..

This property presents a unique opportunity in the Hampshire countryside. The listing consists of a large plot of land (approximately 36 acres) in the village of Awbridge, near Romsey. The land encompasses woodland with mature trees and a small stream, offering significant potential for various development projects. However, the property currently includes dilapidated existing structures shown in the photos, these would likely need substantial renovation or demolition. The lack of precise information on the square footage of any existing structures, bathroom or bedrooms, affects any specific analysis of building potential. Given the extensive land, the price of £120,000 could be considered relatively low, but potential buyers must carefully consider the considerable costs associated with site preparation, potential environmental reports and any necessary planning permission and the build costs for any new property. The location is reasonably convenient with train connections at Romsey, and proximity to Awbridge primary school. However, the village itself may lack the amenities of a larger town. A detailed survey and planning exploration are crucial before making a final assessment of the property’s value and development viability.

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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