Fine & Country says ..

Property Oracle says ..

This listing presents a unique opportunity to acquire a building plot in Warsash, Hampshire, with full planning permission already granted for a substantial detached house. The plot is located on Brook Avenue, a residential street offering potential proximity to local amenities, schools, and transportation.

The planning permission details a luxurious 3,500 sq ft property with a double garage, suggesting a sizable development with the possibility of ample garden space, given the illustration. The surrounding area consists of primarily detached homes, indicative of a desirable, possibly affluent, neighbourhood. Several nearby properties showcase high values, highlighting the competitive market in Warsash. The nearby transport links, although some distance away, and proximity to well-regarded schools reinforce the appeal to families.

However, a crucial piece of information is missing: the precise plot size. While architectural plans show a sizeable house and garage, the exact dimensions of the land remain unclear. This lack of clarity prevents a comprehensive evaluation of the value for money. Furthermore, while the price is considered high in the context of some other properties in Warsash, considering the cost of building a new home at this size and to a high specification, the list price might become more reasonable. Further, the current lack of specifics, and uncertainty about the final features of the build mean the value cannot be definitively assessed.

Overall, the opportunity represents potential high value, pending further details on specifics and costings. The location is undoubtedly favorable, and planning permissions reduce the risk associated with building a new home. However, a lack of detailed information and the high-end nature of the property limits the certainty in evaluating the value.

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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