Harrison Rose Estate Agents says ..

Property Oracle says ..

This property listing presents an opportunity to purchase a plot of land in Whittlesey, Cambridgeshire, with planning permission already granted for the construction of six semi-detached houses. The land itself is relatively large (0.127 hectares), providing substantial space for development. However, based on the photographs, the land currently appears somewhat overgrown and neglected, suggesting a need for substantial preparation work before construction can begin. The location in Whittlesey places it within a short distance of local schools, amenities such as the Whittlesea train station (Greater Anglia), and Whittlesey town centre, which adds to the site’s potential appeal to developers. The listed price of £315,000 needs to be assessed in light of the costs of preparing the land, acquiring the necessary materials, employing building contractors, and managing the entire project to completion. The financial viability of this venture would heavily depend on these factors. Comparisons with nearby property prices reveal a range of values which can help assess the reasonableness of the asking price. A detailed financial assessment considering anticipated construction, sales, and management costs, alongside a thorough analysis of recent local land sales for similar developments, would be necessary to obtain a fair market valuation and inform the ultimate 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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