Fox & Sons says ..

Property Oracle says ..

This property is a 0.81-acre development site located on Commercial Road in Aberbeeg, Blaenau Gwent, Wales. The listing, by Fox & Sons, highlights the site’s outline planning permission for the construction of nine new dwellings: seven houses and two apartments. The site’s condition appears undeveloped, requiring substantial groundwork and preparation. Photos reveal a largely overgrown plot adjacent to industrial units and a road, alongside a retaining wall that may pose challenges to development. The immediate surroundings lack the picturesque charm of a more desirable residential area. The location offers proximity to Llanhilleth train station, suggesting some transportation links. Information on local schools is incomplete. The list price of £190,000 necessitates a thorough assessment of development costs, potential revenue, and the inherent risks involved in undertaking such a project. The absence of key details regarding the site’s precise dimensions and characteristics makes a complete evaluation challenging. Further investigation is necessary to fully understand the feasibility and profitability of the project.

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

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