Mansell McTaggart says ..

Property Oracle says ..

This property in South Godstone, Surrey, presents a unique investment opportunity. Situated in a desirable semi-rural location with proximity to Godstone train station and several primary schools, it offers considerable potential for either renovation or a complete rebuild. The aerial photography reveals a large plot of land, including existing buildings, which are in a state of significant refurbishment and potentially demolition. The presence of a tennis court and what appear to be substantial outbuildings further enhances the appeal. However, buyers should be aware that the property is far from being move-in ready and requires significant investment in terms of time and money to complete the extensive works needed to reach a habitable and presentable state. Given the scope of works needed, and the lack of definitive internal detail, a thorough survey is essential before committing to a purchase. The list price of £380,000 reflects the land and development potential, but the cost of construction and required renovations should be carefully evaluated to assess overall financial viability. The lack of precise square footage data for the main building hinders definitive price comparisons with nearby properties. The property’s final value upon completion would highly depend upon market conditions and the completed build specification. Furthermore, potential buyers should investigate local planning regulations and building permissions to ensure their vision aligns with the legal framework.

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

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