Marco Harris says ..

Property Oracle says ..

This listing from Marco Harris & Land4 Ltd presents a unique opportunity to purchase a building plot in Waterlooville, Hampshire. The plot offers planning permission for a three-bedroom end-of-terrace house, making it an attractive proposition for those seeking to build their dream home. The location in Purbrook benefits from several nearby schools and railway stations, offering convenience for families and commuters. The included plans show a modest-sized garden area.

However, the absence of crucial details, such as the precise plot size in square footage and the lack of information on existing infrastructure, makes it difficult to perform a comprehensive valuation. The price of £125,000 is a significant factor for potential buyers, but the overall cost including building the house needs to be considered to determine if it’s good value for money. Potential buyers should independently verify all details and conduct thorough due diligence before making an offer to purchase this plot of land. This includes independently confirming the planning permission and carefully budgeting for all the costs associated with building a house, including materials, labor, and professional fees. The provided images and site map give a good understanding of the plot. The fact this is a new build will result in a better EPC score. The lack of a current physical property lowers the score. The surrounding properties seem to be well maintained and reasonably priced. The distance to the railway station may put some buyers off, but this can also be a positive if buyers want to live in a quieter location.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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