Redman Casey says ..

Property Oracle says ..

This listing presents a development opportunity in the sought-after village of Blackrod, near Bolton. The key selling point is the expansive garden with lovely views—a significant asset in this location. The absence of detailed information regarding the existing structure (if any) and the lack of information on the size of the plot in square footage makes a definitive property appraisal challenging. Nearby properties show prices ranging from £124,500 to £179,000 for smaller homes. Given the significant land size and the desirable location, the listed price of £200,000 for the plot seems reasonable at first glance, but further details about the build are needed for a more comprehensive valuation. The lack of details about the condition of the existing property also makes evaluating the overall value more difficult. The proximity to good schools and the train station, however, add considerable value. Potential buyers should approach this listing carefully, thoroughly investigating the plot’s potential for building, as well as the specifics about planning permissions and potential building costs before committing to a purchase. Detailed surveys and architectural plans are crucial to assess the feasibility and ultimate cost of the project. Potential buyers should also ascertain the total plot size and assess the garden’s precise dimensions and the type of soil and potential groundworks required before offering on this property. Overall, the property provides an opportunity for those seeking a project to build a home in a desirable location. However, due diligence is necessary to evaluate all aspects of the property’s potential to build on and develop.

Therefore, we give this property 6 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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