Richard Turner & Son says ..

Property Oracle says ..

This property presents a unique investment opportunity in Lancaster’s Lower Lune Valley. The listing details highlight 1.25 acres of leasehold land adjacent to the Lancaster Canal and Lansil Pavilion. The land currently comprises a car park and woodland, as seen in the provided images. The site’s proximity to the canal offers recreational advantages and potentially desirable views, while its location in the Lower Lune Valley suggests a generally attractive residential area. However, the property’s lack of buildings, the condition of the existing roadways and parking area, and the absence of key details like square footage and precise distances to amenities are crucial aspects to consider. The absence of these details make any thorough property analysis difficult. The nearby properties are residential; however, no comparison can be made as the sq footage is unknown. Further investigation into the leasehold terms, planning permissions and the potential for development (such as building one or more properties), are essential before reaching a definitive conclusion on the property’s value and investment potential. Prospective buyers must conduct thorough due diligence before committing to this purchase. The provided map gives a better indication of the land’s location and size, which are key attractions to any prospective buyers.

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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