Diamond Mills & Co says ..

Property Oracle says ..

This property is a double building plot situated in Eastern Felixstowe on Orwell Road, close to the town centre and railway station. The plot itself is sizeable, approximately 0.14 acres, providing ample space for development. Current planning permission exists until July 2025 for the construction of two three-story detached houses. The land is currently undeveloped and appears overgrown, requiring preparation and groundworks before construction can commence. The location is favorable given the proximity to amenities and transport links. While there are some nearby schools that require improvement, there are other, well-rated schools within a reasonable distance. The property offers significant development potential; however, the price reflects the need for future investment in building the approved plans. The price point is competitive for the area, considering similar land sales, and investors or developers could find this project attractive. The lack of existing buildings means buyers should factor in construction costs and the time required to complete the project. The expiration date of the planning permission (July 2025) should also be carefully reviewed to prevent any delays or additional expenditure.

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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