Eddisons Commercial Limited says ..

Property Oracle says ..

This listing is for a residential development opportunity in Stilton, Cambridgeshire. The site at 24 High Street already has planning permission for the construction of five large, four-bedroom detached houses, totalling 12,037 sq. ft. A significant advantage is that several conditions, including CIL (Community Infrastructure Levy) and Affordable Housing payments, have been discharged by the current owner, making the site ready for immediate development.

The location in Stilton offers a balance between a peaceful village setting and access to local amenities. While public transport might not be as readily available as in larger towns, the nearby presence of good primary schools enhances its family-friendly appeal.

The artist’s impressions showcase the planned development’s projected high-quality construction. However, it’s important to consider that the images are renderings and the final product may vary slightly. The plot size is substantial enough for the proposed five houses, leaving room for adequate gardens.

The list price reflects the value of the planning permission and the readiness of the site. Considering the potential profit after building and selling the five houses, the price may appear reasonable for a developer. However, potential buyers need to conduct a comprehensive due diligence process to assess the viability of the project and confirm the accuracy of all information before committing to the purchase.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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