value of 9 acre woodland

[David Riding]

I have been offered an 9 acre woodland locally. On one side there is a river on the other there is scrub land for 50m and then a factory. Its up for sale for 8k I know the person who is selling it is desperado for cash. My instinct tells me its definately worth this, but has anyone any conflicting views or any reason I should be careful. I could thin the wood and get 8k of timber!

[Stephen Blair]

insurance and liability could be a pain dave, change of use blah blah blah

[Mick Stockbridge]

Buy it!!!!!

[Johny Walker]

if it as good aceess snap his hand off

[arbwork]

sounds excellent opportunity, buy it, price at under 1k per acre for small parcel is v. reasonable especially if you have access and possibility to make use of

[woodworm]

if its in a good location give him the money, sell some thinnings and sit on it for a while. maybe worth a fortune one day

[Lee Winger]

if you don't buy it quick i'll track the vendor down and give him 10k

[Dave Martin]

I know of a two and a half acre wood in Notts which sold for 45K a couple of months ago with zero chance of change of use or taking the timber .. if you dont buy it I would be interested.

[Charlieh]

sounds like a proper bargin, only issue will be if there is any public access, but even so at that price get it bought,

 

dont forget all the tax benefits from woodland ownership,

[David Riding]

I know of a two and a half acre wood in Notts which sold for 45K a couple of months ago with zero chance of change of use or taking the timber .. if you dont buy it I would be interested.

 

Looks like im off to the bank and then solicitors in the morn