H J Burt says ..

Property Oracle says ..

This listing presents an opportunity to acquire a large plot of land in a semi-rural location near Henfield, West Sussex. The property itself consists of a derelict agricultural building, or buildings, currently requiring extensive and likely costly refurbishment, potentially encompassing a complete rebuild. The site’s size and the relatively quiet area are major plus points. The absence of immediate public transport and the distance to schools are factors potential buyers should assess. Determining the ultimate value relies heavily on the scope and cost of the redevelopment project. A detailed survey and planning permission investigations will be crucial before any commitment. The current price may be considered reasonably competitive for the land size alone, but the costs associated with redevelopment significantly impact the overall financial implications. The nearby listings reveal that plots of land, especially those with development potential, can command substantial prices. While this property offers ample space, its state of disrepair is a critical factor. Buyers must weigh the potential of the project against the significant capital investment needed.

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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