Brooks Leney says ..

Property Oracle says ..

This property listing presents a development opportunity in Woolverstone, Suffolk, encompassing multiple plots of land with plans for twenty-two new homes. The location is attractive, offering a blend of rural tranquility and proximity to Ipswich’s infrastructure. Schools are relatively close, enhancing the family-oriented appeal of the development. The absence of completed buildings limits a definitive assessment of the property’s current condition, but architectural plans suggest a design aiming for a traditional, high-quality finish. The considerable acreage involved offers significant potential but requires substantial investment. The listed price of £2,000,000 necessitates careful financial due diligence, given the scale of the development and the need for planning permissions, construction costs, and eventual sales of the completed homes. Overall, the prospect balances risk and reward for an experienced developer, offering a potentially lucrative outcome in a highly sought-after location. A thorough market analysis of similar developments in the area, an in-depth examination of planning permissions, and detailed cost-benefit projections are crucial before making any investment 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. *

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