Fox Grant says ..

Property Oracle says ..

This property listing presents a unique opportunity in the Hampshire countryside. The sale is for a substantial 33.3-acre plot of land located in Awbridge, near Romsey. The land, as pictured, is largely undeveloped woodland. The photos show a heavily wooded area with various sized trees and undergrowth, suggesting that significant clearing or other land preparation will be required before any building or other development could be considered. The lack of immediate amenities in the immediate vicinity may be a drawback to some, however, this is somewhat mitigated by the close proximity of the village of Awbridge and the larger town of Romsey with its established infrastructure. While the list price is significantly lower than nearby properties, this reflects the undeveloped nature of the land and any costs associated with preparing the land for future use. Given that nearby properties are sold with houses already built on the land, and with far smaller plot sizes being listed at considerable higher prices, this suggests that this large plot of land could represent a potentially very good value investment, depending on future planning permissions and development projects. The absence of any existing structure means any development will require significant investment and planning. However, the sheer scale of the plot makes this land a suitable prospect for various projects, providing the necessary permissions are obtained.

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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