TW Gaze says ..

Property Oracle says ..

This listing from TW Gaze presents a plot of land in Fressingfield, Suffolk, with planning permission granted for the construction of two, three-bedroom detached houses. The location in Fressingfield offers the advantage of a village primary school nearby, which is a major plus for families. However, more information on transport links would be necessary for a complete assessment of the location’s convenience. The absence of current property details means that an evaluation of size and condition cannot be accurately made, apart from the plans provided. Therefore, the assessment centres on the planning permission, location, and comparative pricing. Nearby property prices vary significantly, ranging from modest to very high-end properties. The land plot itself seems relatively small given the two houses to be constructed. The price of £220,000 is potentially good value in the context of the Fressingfield market, particularly if the completed houses achieve a price reflecting recent sales in the area. However, potential buyers need to account for the costs of construction to assess the final profitability. Prospective buyers should carefully review planning documents and building regulations before committing. The lack of square footage data limits a conclusive evaluation on the value, but this is a commonly encountered issue with plots for sale and is not unique to this property.

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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