Patrick Gardner says ..

Property Oracle says ..

This property in Bookham, Surrey presents a compelling proposition with notable strengths and weaknesses to consider. The most significant asset is the substantial half-acre plot, offering ample space for expansion or landscaping projects. The location on Eastwick Drive places the home within a good school district and relatively easy reach of Bookham station. This enhances the property’s desirability.

However, the property’s condition requires considerable attention. The interior requires significant updating and modernization, including the kitchen and bathroom. While the images suggest it’s structurally sound, a thorough survey is essential to detect any hidden issues. The overall presentation suggests a property in need of renovation, impacting the current appeal and potentially increasing renovation costs.

The asking price of £1,200,000 needs careful evaluation in the context of current market conditions. Comparable properties on Eastwick Drive vary greatly in size and condition, explaining the wide range of prices in the area. A full survey and cost estimate for renovation work are crucial before deciding if this price fairly represents the property’s potential post-renovation value. The significant land area, however, is a unique and valuable factor that justifies a considerable portion of the asking price. This is particularly significant if the buyer plans an extension or total rebuilding subject to planning permission.

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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