Davidson Frost-Wellings says ..

Property Oracle says ..

This property on Priory Close, Stanmore, presents a unique opportunity. Situated on a prestigious road known for its high-value homes, the location is undeniably strong, with nearby excellent schools and transport links enhancing its desirability. However, the property itself requires extensive renovation. The interior shots showcase an older property needing modernisation, including new flooring, windows, kitchen, and bathrooms. The exterior shows a garden that is largely overgrown and in need of landscaping. While this is a substantial project, the sizable garden and plot size offer potential for expansion or redevelopment, assuming planning permissions are obtained. The current listing price reflects the high value of the location and the land, but a prospective buyer must factor in the significant costs associated with bringing the property up to a habitable standard. The lack of precise square footage data in the provided listing for comparable properties makes a definitive price per square foot comparison challenging, making a precise value judgment difficult. Overall, the potential for return on investment is significant, but only with considerable upfront cost and effort for renovation.

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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