Guy Thomas & Co says ..

Property Oracle says ..

This property is a 3.5-acre field located on Lower Lamphey Road in Pembroke, Pembrokeshire. The listing does not describe a building or dwelling but simply a plot of land. The photos show undeveloped land with some vegetation. The land’s proximity to Pembroke, with its transport links (Pembroke train station at approximately 1.24 km) and schools (Ysgol Gelli Aur at approximately 1.68 km), offers a degree of convenience. However, the property’s rural location means it is distant from immediate amenities. The significant plot size of 3.5 acres is a key feature. Buyers should note the lack of existing buildings; this necessitates additional costs for any development or renovation work. Nearby property prices are largely unavailable or non-comparable as the surrounding properties are either houses or bungalows. The listing price of £40,000, while seeming low relative to nearby homes, must be considered in the context of the undeveloped land. Therefore, a potential buyer would need to factor in the costs of development, planning permissions, and utility connections. The overall value and potential depend entirely on the intended use and the feasibility of any development projects.

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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