Bagshaws says ..

Property Oracle says ..

This listing from Bagshaws is for a plot of land located on School Close in Dilhorne, Staffordshire. The property is essentially a vacant plot of land measuring approximately 200.60 square feet, suitable for potential development, subject to planning permission. The location is relatively convenient, being close to Dilhorne Endowed Cofe Primary School, with other schools and amenities within a short driving distance. Access to public transport is provided via Blythe Bridge railway station. The land itself, while not in a state of disrepair, appears slightly overgrown in the photographs. The absence of a structure and the need for planning permissions are significant factors affecting the valuation. Considering similar properties in the area, which are all substantially higher priced due to the inclusion of established homes, the asking price of £50,000 appears competitive for the land itself. However, prospective buyers must carefully consider the costs associated with securing planning permission, site preparation and any potential building work. Potential buyers should also be aware that obtaining planning permission can be unpredictable and significantly impact the overall viability and cost of the project. This presents both opportunities and considerable risks to the potential purchaser. Therefore, a thorough due diligence process is highly recommended before making any decisions.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images