Pygott & Crone says ..

Property Oracle says ..

This property in Stickney, Lincolnshire, presents a unique opportunity as a development site. The listing features a sizable plot of land with planning permission for up to 50 residential dwellings and a potential food hall/shop. The existing structure appears to be a house with some outbuildings, all in a state that may require repair or renovation. The main house’s size and internal condition cannot be fully assessed from the photos alone. The location is reasonably central in the village, with a primary school and a secondary school close by, though it is worth noting the secondary school is listed as requiring improvement. More information is needed on the transport infrastructure to fully determine its convenience. The list price of \£850,000 is high for a single residential property but could be justified by the significant development potential the site offers. The overall value will heavily depend on the cost of necessary renovations and the final development plan realized on the site. A comprehensive survey and detailed analysis are necessary before making a final investment decision.

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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