Dexters Development & Investment says ..

Property Oracle says ..

This property is located on Thames Street, Sunbury-on-Thames, Surrey, a desirable area known for its proximity to the River Thames. The location benefits from being within reasonable distance of several highly-rated schools, including St Paul’s Catholic College (Outstanding Ofsted rating) and several ‘Good’ rated primary schools. Sunbury station, providing links to London Waterloo via South Western Railway, is also relatively close by. This contributes to a positive location score. However, without precise plot size and internal square footage, a definitive assessment of land and price per square foot is impossible.

The property itself appears to be in need of significant renovation. The images show substantial damage and a lack of finishes throughout. This is reflected in the overall condition of the property. The presence of graffiti further suggests a period of vacancy and neglect. The external structure seems sound, but the interior requires extensive work.

The property includes a sizable plot of land, extending to the River Thames. This is a significant asset, increasing the property’s potential value once renovated. However, the current state of the land, as shown in the aerial images, suggests it requires landscaping and potentially remediation work.

Given the average house price in the area is £729,279 and the average price per square foot is £307, the asking price of £1,300,000 presents a significant premium. The lack of internal and plot size data prevents a precise calculation of price per square foot, making it difficult to definitively assess the value for money. However, considering the extensive renovation required, the current list price may be considered high, especially given comparable properties in the area are significantly lower in price. A full refurbishment will be required before a true market valuation can be established.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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