Dedman Gray Auction says ..

Property Oracle says ..

This property, listed as ‘The Old Colliery,’ is a plot of land located in Wingham, Kent, near Staple Road. The listing photos reveal an undeveloped site with overgrown vegetation. There are some existing structures on the land, but these seem to be outbuildings or remnants of previous structures rather than a habitable dwelling. The land appears to be relatively large, providing potential for development. The location is rural, offering proximity to the village of Wingham and its amenities, as well as to several primary schools rated ‘Good’ by Ofsted. Train stations are within a reasonable driving distance. However, the immediate surroundings include industrial-looking buildings, which may affect the desirability of the property for some buyers. The list price of £140,000 is significantly lower than other properties in the area, but the cost of developing the land and creating a habitable structure needs to be factored in. Overall, this property is suitable for buyers or developers with plans for significant renovation or new construction, but it is not a move-in-ready property. The lack of detailed information on the size of the plot and the condition of the existing structures makes a complete assessment difficult. Further investigation into planning permissions and potential development costs is crucial before making a purchase decision.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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