Cooper & Tanner says ..

Property Oracle says ..

This listing presents a plot of land in Banwell, North Somerset, with existing planning permission for a new build. The land itself is currently undeveloped, showing some vegetation but also debris. The location is attractive, situated in a village setting with nearby schools (Banwell, Winscombe and Sandford being the closest, at 0.22 km). Railway stations are within a reasonable driving distance (Worle, Yatton, and Weston Milton). While no direct information is provided on the precise square footage of the plot, the pictures suggest it is substantial. This information, together with the presence of granted planning permission makes the price seem somewhat reasonable though significant costs will be incurred in order to develop this plot, which are not immediately accounted for in the list price. Overall, the property presents a development opportunity, but potential buyers need to factor in substantial additional costs for construction and preparation of the site for building. There is a definite need to clarify the plot size to be more certain about the value.

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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