Dacre Son & Hartley says ..

Property Oracle says ..

This property in Settle, North Yorkshire presents a unique opportunity for a buyer seeking a substantial plot of land with development potential. The property includes several existing buildings, currently utilised for storage and possibly horticultural purposes. However, the buildings are in need of modernisation. The site’s substantial size (5.611 acres) is its key selling point, offering substantial scope for various projects, subject to obtaining the necessary planning permissions. The location is attractive, with proximity to the amenities of Settle and the surrounding scenic countryside. The absence of bedrooms and bathrooms in the listing suggests the current structures aren’t designed for residential use, which is an essential consideration for potential buyers. Buyers will need to factor in the likely cost of renovation, which would substantially increase the overall project cost. It is important to confirm current planning permissions and explore the feasibility of any potential developments. The lack of comparable properties makes it difficult to evaluate if the pricing is competitive based purely on market value of similar properties. However, given the land size it could represent good value for money if planned development and renovation can be achieved within budget.

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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