Henrys Simms says ..

Property Oracle says ..

This property listing is for a development plot, specifically LAND PLOT 1 at 3 Alfreton Road, Codnor, Ripley, Derbyshire. The listing highlights outline planning permission for a four-bedroom detached house with off-street parking, making it an attractive proposition for self-builders or developers. The site includes what seems to be a small existing garden area, though its condition is not ideal and needs some level of landscaping. The absence of square footage for both the plot and any potential structure is a significant detail. The location in Codnor places the property within reasonable proximity to a well-regarded primary school, Codnor Community Primary School. Nearby transportation links are mentioned but without specific distances or details, making it difficult to assess their true impact on the property’s value. The price point of £120,000 aligns with other comparable land plots in the area, suggesting reasonable value for money. However, potential buyers should fully investigate the planning permission details and conduct thorough due diligence regarding potential costs associated with development, including planning fees, building materials, and labor. The overall picture points to a property suitable for buyers actively looking to build their homes or undertake property development projects, making it a niche property. Further investigation into the specific plot size and detailed planning permissions is necessary to provide a fully informed evaluation.

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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