Barnard Marcus says ..

Property Oracle says ..

This property listing presents two adjacent parcels of undeveloped land totaling approximately 0.68 acres on Townfield Lane, Frodsham, Cheshire. The sale is being conducted through auction on February 3rd, 2025. The lack of existing structures or buildings suggests the land is being sold for development purposes. The location in Frodsham is beneficial, being relatively close to amenities such as schools, train stations (Frodsham station at 1.35 KM), and shops. The surrounding area consists of established residential properties, indicating a potentially desirable location for building a house. However, potential buyers should conduct thorough due diligence, obtaining necessary planning permissions and assessing potential development costs and associated risks. The low listed price of £20,000 reflects the undeveloped nature of the land; however, the ultimate value will significantly depend on successful development and obtaining planning permission. The absence of key information like the exact plot dimensions of each parcel and existing utility connections adds uncertainty to the overall value proposition. Comparing this to nearby properties, which show values above £200,000, reinforces the concept of land value requiring development investment to equate to the value of comparable built properties. The proximity to good schools and transport links enhances the property’s potential long-term value. It’s crucial for interested parties to fully understand the planning regulations, building costs, and potential timescale involved in development before bidding on this auction property.

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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