RPC Land and New Homes says ..

Property Oracle says ..

This property listing presents a unique opportunity: the purchase of land with approved planning permission for the construction of twelve holiday homes, situated in Densole, near Folkestone, Kent. The site’s significant acreage includes lakes and communal spaces, promising a potentially profitable venture or an attractive, large-scale eco-holiday development. While the plans indicate a thoughtful design and high-quality materials, the price reflects the inherent risks associated with development projects, namely construction costs, potential delays, and other unexpected issues. The location offers a peaceful setting in Densole, yet is within a reasonable distance to Folkestone town centre and transport links; excellent local schools also make this location desirable. The lack of existing buildings necessitates a significant investment in construction. Potential buyers should conduct thorough due diligence, which includes a detailed review of construction costs, a thorough understanding of the planning permissions and regulations, and a comprehensive market analysis to gauge the potential profitability of the twelve holiday homes. Overall, this is a high-risk, high-reward proposition for experienced developers or investors with a solid understanding of the UK development market.

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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