Strutt & Parker says ..

Property Oracle says ..

This listing is for a building plot located in Brenchley, Kent, marketed by Strutt & Parker. The plot, identified as Plot 2, benefits from planning permission, offering a unique opportunity to create a bespoke property. The location in Brenchley is a positive attribute, given the village’s peaceful ambiance and proximity to good schools and transport links. Images reveal a substantial area of land, suggesting privacy and space for a large house and garden. However, a significant drawback is the complete absence of an existing structure, requiring full construction from the ground up. The price of £700,000, while potentially acceptable depending on the final build size and quality of the future home, requires careful consideration in relation to the costs of construction, which might push the overall project cost significantly higher. The lack of key data points, including exact plot size and comparable building prices per square foot within Brenchley, makes a full financial evaluation challenging. Potential buyers need to perform extensive due diligence and budget accurately for the whole building process, including land costs, planning permissions, construction materials, labour, and any unexpected delays or costs.

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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