Adams Estate Agents says ..

Property Oracle says ..

This property listing is for a plot of undeveloped land located off Townfield Lane in Frodsham, Cheshire. The location offers several advantages. Frodsham is a popular area with relatively good transport connections via train to nearby towns and cities. Several schools are within a reasonable distance, including those with Ofsted ratings of ‘Good’ and ‘Outstanding’.

However, the land itself is currently undeveloped, seemingly agricultural in nature, and requires significant investment before it could be used for residential purposes. The photographs show a large plot of land with some uneven terrain and a small body of water. The presence of this water feature and the uneven terrain might introduce complexities and additional costs to development.

The lack of specific plot size details means it’s difficult to accurately determine the price per square foot. The price of £200,000 should be considered in the context of potential development costs. The price could be considered reasonable if the plot is relatively large and suitable for several building plots; however further analysis and a survey are needed before a confident valuation can be given. Comparative properties in the vicinity, such as those on Thirlmere Close, show significantly higher prices for residential properties, but these are established homes with all amenities. The list price suggests a potential opportunity for development, but the risks and costs involved in bringing the land to market for a potential housing project should be carefully assessed.

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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