Kings Estates says ..

Property Oracle says ..

This property in Fordingbridge, Hampshire presents a unique opportunity for those seeking a development project. The listing is for a plot of land containing several existing agricultural buildings. While the buildings are currently uninhabitable, planning permissions exist to convert the buildings or to build anew on the existing plot. This makes the property attractive to buyers willing to undertake a substantial renovation or new build project.

The location offers a desirable rural lifestyle within the New Forest National Park; but the significant distance to more major transport hubs might make this location unsuitable to those who rely on public transport. The nearest schools are within driving distance, but this may be a factor to consider for families.

The land itself is a significant feature, providing ample space for a substantial development. The existing structures, however, require significant work, adding to the overall project costs. The price point reflects the needs for renovation or new construction; presenting a potential opportunity but requiring considerable investment and project management expertise.

Buyers should conduct a thorough inspection of the existing buildings to assess the extent of the work needed and budget accordingly. The considerable development potential of the land and planning permissions are compelling, balancing any potential challenges associated with this development.

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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