Landwood Group says ..

Property Oracle says ..

This listing presents a unique investment opportunity: a 0.70-acre plot of land in Clock Face, St Helens, with approved plans for twelve 3-bedroom semi-detached houses. The current state of the property is far from ideal, however, as shown in the photographs; the houses are part-built, with boarded-up windows and doors, surrounded by significant overgrowth. This suggests a considerable amount of work and investment will be required to bring the development to completion. The location offers some positive aspects, with proximity to schools such as Willow Tree Primary School and train stations like Lea Green. However, the area’s current state of development, as pictured, might be considered a drawback by some potential investors. The price of £250,000 presents a calculated risk, dependent on an investor’s appetite for the associated risks and their ability to successfully complete the development. The lack of finished comparable properties makes a precise valuation difficult. Further due diligence is strongly recommended to determine the actual costs associated with completing the construction and preparing the site for sale. A thorough assessment of potential market demand for three-bedroom semi-detached houses in Clock Face is also essential for a successful investment strategy.

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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