Athertons says ..

Property Oracle says ..

This property presents a unique opportunity for buyers seeking a substantial plot of land in a peaceful rural setting. Located in Cliviger, Burnley, the property offers panoramic views of the surrounding countryside. However, the property requires extensive renovation work, as evidenced by the provided photos and descriptions. The current structures are in a state of disrepair, particularly the roof, meaning the buyer must factor significant costs into their budget. 

The property’s substantial land area is a significant asset, offering ample space for a substantial dwelling and possibly supporting agricultural activities or expansion. While the proximity to good primary schools is advantageous, families should consider the travel distances to secondary schools and the general rural isolation of the location. Transportation links require a drive to reach local train stations. 

The listed price reflects the land value and potential for a large family home in a desirable rural location. However, the high cost of the renovations will significantly impact the return on investment. Buyers should thoroughly assess the costs and challenges of renovating such a large and currently dilapidated property. Due to the level of work required, a comprehensive survey and structural assessment are crucial before purchase to determine the true extent of the work required and identify any unexpected costs. The lack of information on precise plot size in square footage hampers an exact analysis of the price per square foot, meaning the price can only be considered reasonable based on comparable properties and the land size.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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