Redferns says ..

Property Oracle says ..

This listing presents an opportunity to acquire a sizable plot of land (1.38 acres) in the village of West Hill, East Devon. The location offers a balance between rural tranquility and accessibility to amenities and transportation options. Nearby primary schools are highly-rated, making it a potentially appealing location for families. However, the property is currently undeveloped land, requiring significant investment and effort for any construction or usage. The photos show the land as overgrown and requiring clearing and preparation. The lack of existing infrastructure means utilities, planning permission and other essential development factors need to be considered. The list price, although seemingly low compared to established houses in the area, should not solely determine its value, as the costs associated with transforming the land into something usable must be factored into any assessment of its value. Prospective buyers will need to budget for development costs, planning processes and potential professional fees associated with establishing the land to its intended use. Overall, it’s suitable for buyers looking for a project, potentially for building a home, given the sizable plot in a desirable location. The success of this project would depend upon acquiring planning permission and undertaking the necessary groundwork.

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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