Estates East says ..

Property Oracle says ..

This property presents a unique opportunity in the sought-after Woodford Green area of London. The listing highlights a substantial plot of land encompassing two bungalows, several garages, and expired planning permission. The large garden and mature trees create a tranquil setting. The property’s location is a major asset, with close proximity to Highams Park Overground station providing convenient access to central London and other parts of the city. Furthermore, it is located near highly rated primary schools, enhancing its appeal to families. The property itself seems structurally sound but may require some modernisation or updates to reflect current market trends. This project requires significant investment in terms of time, planning permission and building works. The extensive land, however, offers significant potential for redevelopment, increasing the long-term value. The asking price reflects the desirability of the location and the scale of the development opportunity, however, potential buyers should be fully aware of planning restrictions and potential building costs involved before entering into a commitment. A detailed survey is recommended to understand the full extent of work required. The absence of key information, such as the total square footage of the buildings and a clear valuation of the existing structure further prevents a complete and thorough evaluation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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