Richard Hayward Properties says ..

Property Oracle says ..

This property listing presents a development opportunity consisting of two plots of land on Pentrechwyth Road in Swansea. The location is described as being within the desirable SA1 catchment area, known for its proximity to schools, amenities, and transport links, including the M4 motorway. The nearby streets show varying average property prices, suggesting a range of property values in the area. The plots have planning permission for the construction of two two-bedroom terraced houses. The imagery reveals that the land currently is in need of significant improvement, appearing overgrown and littered with debris. The lack of specific square footage for the plot prevents an accurate assessment of price per square foot and ultimate value. Given the potential for development, the list price of £40,000 may appear reasonable, but prospective buyers should carefully consider the development costs, time investment, and inherent risks associated with such projects. Further investigation into the specifics of planning permission and the detailed condition report of the land before purchase is highly recommended.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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