Howkins & Harrison Incorporating Andrew Johnson says ..

Property Oracle says ..

This listing presents a potential development opportunity in Stoney Stanton, Leicestershire. The property consists of a sizeable plot of undeveloped land, as evidenced by the aerial and ground-level photographs. The location is positive, with proximity to essential amenities, and a primary school, along with a nearby train station (Narborough) making it easily accessible. However, the absence of key details such as the precise plot size and specific information on the zoning regulations and any planning permissions significantly impacts a comprehensive analysis. The existing surrounding infrastructure should be considered. The £1,500,000 asking price is substantial and warrants further investigation into the development potential and projected return to determine its feasibility. Without the required additional information to assess the size, permitted use and development potential, any analysis is incomplete and somewhat speculative. The lack of specifics on potential complications like soil composition, potential environmental concerns and planning restrictions also make a definitive assessment challenging. Ultimately, a professional valuation from a qualified surveyor who will have reviewed the necessary documentation is necessary to fully understand the value of the 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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