Connells says ..

Property Oracle says ..

This property is a sizeable plot of land located on Newbold Road in Barlestone, Leicestershire. The key feature is the substantial plot size of approximately 3.4 acres. The listing highlights the potential for building a property, subject to obtaining the necessary planning permissions. This represents a significant investment opportunity for developers or individuals seeking a large plot of land in a rural location.

The location is within a village setting, offering proximity to local schools and a rural feel. However, the transportation infrastructure and the availability of local amenities need further research. Nearby property prices vary widely, making it difficult to determine a definite comparative value of this particular plot. The photos reveal a relatively undeveloped plot of land, with a clear access track.

Overall, this property is suitable for individuals or developers looking to build a substantial property in a village setting with ample land available. However, the risk lies with the necessity of achieving planning permissions and thorough due diligence regarding local infrastructure and services is needed. The asking price appears high but considering the significant size of the land, it could be viewed as fair, providing planning is attainable.

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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