William Thomas Estate Agency says ..

Property Oracle says ..

The property located on Crompton Way in Bolton is a plot of land listed for £100,000. The land appears to be overgrown and contains various debris including building materials and vehicles. There is a dilapidated wooden fence surrounding the property. Given the condition of the land, it is not in good condition and requires significant clearance and preparation before it could be developed. The presence of debris suggests a need for substantial work to make it suitable for building. The location in Astley Bridge, Bolton, benefits from relatively close proximity to several schools, including St Paul’s Cofe Primary School (rated Outstanding by Ofsted) and several other schools with good ratings. Several train stations are within a reasonable distance, providing access to public transportation. However, the immediate surroundings of the property itself appear cluttered and require improvement. The price of £100,000 for this plot of land needs to be considered in the context of the surrounding area. While the average house price in the area is significantly higher (£193,979), the average price per square foot is not directly applicable to a plot of land. The price is likely influenced by the potential for development, but the significant amount of work required to clear and prepare the land must be factored in. Nearby properties on Crompton Way have sold for between £113,500 and £164,000, offering some comparison points, although these are existing houses and not vacant plots. The listed price may be reasonable if the land offers substantial development potential, but the considerable costs associated with site preparation should be carefully considered by any potential buyer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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