Phillips, Smith & Dunn says ..

Property Oracle says ..

This listing presents a unique opportunity to acquire a plot of land in the picturesque coastal village of Croyde, North Devon. The land, situated on Cloutman’s Lane, is described as approximately a quarter of an acre of light woodland. The photographs reveal an overgrown plot that requires clearing and preparation. The price of £20,000 seems relatively low compared to other properties in Croyde, reflecting the fact that it is undeveloped land. Nearby properties are predominantly houses, and there’s a significant gap between this land sale and those of built properties, which are often in the hundreds of thousands of pounds. Potential buyers need to consider the cost of clearing and preparing the land, as well as the time investment. While the location within Croyde is highly desirable, the lack of immediate development potential might be a factor to consider. The absence of square footage or plot size details in the listing makes a detailed comparative analysis difficult. The closest schools are a reasonable driving distance, but specific transportation details are not available. Overall, this presents a speculative investment with potential for development, given the attractive location. However, potential buyers should budget for the expenses associated with clearing and developing the land.

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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