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Cheap land - too good to be true?

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Comments

  • DaftyDuck
    DaftyDuck Posts: 4,609 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    PP is just part of the equation. What about access rights?

    So many other factors....
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    • Why is the current owner selling it, rather than doing as you plan?
    • Why has no-one else bought it and done as you plan?

    I would hazzard a guess that if it was possible to do as you plan, it would have been done by already. If it hasn't been done, it's probably safe to say it can't be done.

    And anyway, what is it they say about things that sound too good to be true...?
  • martindow
    martindow Posts: 10,712 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Fosterdog wrote: »
    It's quite normal for plots to start with a low guide price. If they really were that cheap people would be snapping them up.


    Just last week I was looking at this
    http://www.rightmove.co.uk/commercial-property-for-sale/property-59662285.html

    If it were really only £2000 I'd snap these up.
    In the right move listing it says

    A Parcel of Two Adjacent Plots of Land. Potential for Development (subject to obtaining all necessary consents)

    In effect they are offering a fraction of an acre of land where you take your chances that anything can be done to it. £2000 seems a lot for that.
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