PYGOTT & CRONE COMMERCIAL says ..

Property Oracle says ..

This property is a large undeveloped plot of land in Stickney, Lincolnshire, listed for £800,000. The key feature is that it comes with full planning permission for residential development, making it attractive to builders and developers. The land is situated in a village setting near local schools, which could be advantageous. However, information regarding local amenities and transportation links is missing. The land itself appears to be a mixture of overgrown areas and areas where ground works have been undertaken and is close to a cemetery. The relatively high listing price compared to other nearby properties suggests there may be some degree of risk involved. The overall assessment requires a careful consideration of development costs and potential return on investment for developers, whereas other buyers would need to be aware of the considerable work needed prior to building, and the risks involved in buying a large plot of land without an existing building. Therefore, we give this property 6 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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