Town Coast And Country Estates Ltd says ..

Property Oracle says ..

This property in Goodwick, Pembrokeshire, presents a unique opportunity but requires careful consideration. The listing describes it as development land with outline planning permission for four dwellings, suggesting significant potential for future development. Alternatively, the existing bungalow presents a renovation project. The property’s location offers proximity to Fishguard’s amenities and transportation links, including the railway station. The large plot of land surrounding the bungalow stands out as a primary asset, while the bungalow itself shows signs of disrepair. The photos show overgrown gardens and an overall need for maintenance and modernization. The listed price of £225,000 is considerable; however, the land’s size and potential value might justify this cost to the right buyer. The lack of specific information on square footage for both the house and land prevents a precise assessment of price per square foot. Comparing it to the nearby properties on New Road which have a starting bid price of £260,000. Potential buyers should factor in the costs of renovation or demolition and new construction which will substantially impact the overall project cost. The location’s attractive coastal setting is a plus, but those seeking immediate move-in readiness would need to account for substantial investment.

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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