Auction House London says ..

Property Oracle says ..

This property is a freehold land plot of approximately 4.6 acres located in the Blake Dene Estate, Parkstone, Poole, BH14 8QJ. The significant land size presents a rare opportunity, particularly in a residential area such as this. The proximity to Parkstone train station, several schools, and other amenities are positive aspects. However, the property is currently undeveloped land, so there are no existing buildings or structures to comment on. The listing is an auction, the guide price of £1,000 is considerably lower than the average price for even smaller plots of land in the nearby area. This dramatic price difference suggests the possible presence of factors influencing the low price, such as potential development restrictions, environmental concerns, or complex legal aspects not fully disclosed. Potential buyers should conduct thorough due diligence including checking the legal pack, to fully understand the implications before making a bid. This should encompass investigation of planning permission potential, environmental surveys, and any legal complications. Therefore, while the sheer size of the plot is attractive, prospective buyers need to carefully weigh the potential risks before making any investment decision.

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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