Masons Sales says ..

Property Oracle says ..

This listing presents a development opportunity in Louth, Lincolnshire. The plot benefits from having full planning permission for a three-bedroom house with a detached garage. The provided images show a reasonably sized, well-maintained garden, suggesting a pleasant residential setting. While no existing dwelling is present, the plans highlight a design for a two-story home, encompassing a kitchen, dining area, lounge, three bedrooms, an office and a bathroom. The location in Louth offers proximity to various amenities, including schools and potentially shops. However, specific information on transportation links is missing. The price of £70,000 is competitive for the region, considering the costs of construction. Further investigation into the exact plot size and details of the planning permission would be beneficial in order to further refine the assessment. Overall this is a development opportunity with potential, but buyers should conduct thorough due diligence before proceeding. The lack of existing structure is an important detail that cannot be overstated. Buyers will need to factor in the full cost of construction and the associated risks of building a new home.

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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