Kallars says ..

Property Oracle says ..

This listing presents a development opportunity in the form of a plot of land situated on Castleford Avenue in New Eltham, Greenwich. The location offers convenient access to New Eltham train station and a selection of schools, including Wyborne Primary School (rated ‘Good’ by Ofsted) and St. Olave’s Prep School. The surrounding area comprises primarily residential properties, characterized by semi-detached and detached houses, indicative of a well-established neighborhood. The aerial imagery depicts a relatively sizable plot of land, though precise dimensions are absent from the provided information, requiring further investigation. The condition of the land appears to be somewhat neglected, requiring preparation before any development could begin. Notably, the listing does not provide specifics on planning permission or any associated development constraints. The price, whilst seemingly reasonable in the context of the wider area based on the nearby properties, cannot be definitively assessed without more specific details regarding the size and potential use of the land. Prospective buyers should undertake a thorough due diligence process, including obtaining the plot size, examining the planning regulations, and securing professional advice from land surveyors and architects before making an offer. This will allow for a comprehensive evaluation of the development potential and suitability of the land for their intended project.

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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