SJD says ..

Property Oracle says ..

This listing presents an opportunity to purchase a development plot on Bexhill Road in St. Leonards-on-Sea, East Sussex. The property currently consists of vacant land with planning permission already granted for the construction of two, three-bedroom semi-detached houses. The location is reasonably convenient with nearby transport connections via West St Leonards train station, providing relatively easy access to London and other regional hubs. Several schools with ‘Good’ or ‘Outstanding’ Ofsted ratings are within a short radius making it a suitable area for families. However, the immediate street view shows a slightly less appealing visual environment, with the site itself being a vacant plot requiring significant development. The available information does not provide precise dimensions of the plot, which makes detailed assessment difficult. Nonetheless, the sale price of £200,000 is within the range of other similar plots in the area (although the price may fluctuate depending on precise plot dimensions and development plans). The planning permission reduces the risk and time associated with acquiring a plot and gaining permission for redevelopment; however this value is somewhat offset by the uncertainties inherent in any such project and the size of the plot itself. Overall, this represents an opportunity for investment in a location with transport links and schools, but potential buyers should conduct a thorough due diligence to confirm the exact land size and assess the costs associated with development before proceeding.

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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