Paul Hubbard Estate Agents says ..

Property Oracle says ..

This property in Beccles, Suffolk, presents a unique opportunity: a substantial plot of land with planning permission for a new detached four-bedroom home. The current state of the land includes an overgrown tennis court and outbuildings which are visibly in need of significant repair or replacement. The existing structures are in disrepair and will require considerable work or demolition. However, the considerable land size is a primary advantage. The location is favorable for families, with several well-regarded schools nearby. The proximity to Beccles railway station provides convenient access to other parts of the region. The list price of £250,000 likely reflects the potential value of the finished property as opposed to the immediate value of the existing structures. However, potential buyers should be fully aware of the substantial investment needed before the property reaches its full value, including demolition costs, building the new house and landscaping costs. A detailed cost analysis would be recommended to determine if the project is financially viable.

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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