Richard Tuck Estate & Letting Agent says ..

Property Oracle says ..

This property listing presents a building plot on The Glade in Wyllie, Caerphilly. The images showcase a largely unfinished structure, mainly consisting of concrete foundations, with one window frame visible. The surrounding environment appears to be a mix of undeveloped land and newly constructed houses, suggesting it’s a new development. The proximity to various primary schools and several train stations within a reasonable distance, adds a degree of convenience. However, the photographs suggest that the property’s immediate surroundings appear a little undeveloped, which could affect its overall appeal. The absence of vital details such as the plot size and the lack of photos showing the property’s potential are notable drawbacks.

While the list price of £150,000 seems reasonable compared to other completed houses within the same development, the significant amount of work required to bring the property to a habitable state is a considerable factor. Purchasers should carefully assess the total cost of completing the build, including materials and labor, to determine if it represents a sound financial investment. This would also involve factoring in the potential added value that a completed building may attain. In short, this is an investment property that carries both substantial risk and substantial potential reward depending on market factors and construction costs. The scarcity of building plots in an up and coming area should also be a factor in determining if this property represents good value for money.

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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