Park Row Properties says ..

Property Oracle says ..

This listing presents a development opportunity on Cottingham Street in Goole, East Riding of Yorkshire. The sale includes a sizable plot of land, as evidenced by the detailed site plans. The plans show a proposed development including multiple residential units, ranging from terraced houses to apartments. The absence of a physical structure means the current property condition is nonexistent. The location benefits from the proximity of Goole train station, providing rail connections to various locations. Nearby schools and other amenities are within reasonable distance. However, a critical aspect lacking is the precise square footage and detailed specifications of the proposed units. This absence, combined with the high list price relative to nearby comparable properties, introduces uncertainty. While the land value is significant, the project’s ultimate profitability hinges on the successful completion of construction and the favorable market reception of the developed properties. A detailed cost-benefit analysis would be necessary to fully evaluate the investment potential of the property at the listed price. Potential buyers should factor in construction, planning permissions, and other associated development costs, to adequately gauge the financial viability. Buyers should exercise due diligence to assess accurate square footage and total costs before committing to the purchase.

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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