David Burr Estate Agents says ..

Property Oracle says ..

This property in Great Cornard, Suffolk, is currently listed for sale at £200,000. The listing presents a unique opportunity given that it is a redevelopment project. The property itself is a former post office requiring complete demolition and rebuilding according to the approved planning permission. The plans reveal two three-bedroom semi-detached houses are to be constructed in its place, each with a private garden, off-road parking, and a carport. The location is advantageous. Great Cornard is situated near to Sudbury offering a range of amenities. Proximity to good primary schools further enhances the property’s appeal for families. However, the existing structure is in poor condition, with evident disrepair needing a complete overhaul. The absence of a garden at present is also notable. While planning permission simplifies the redevelopment process, the project still requires substantial investment. The price seems reasonable given the potential outcome of the construction. Nevertheless, potential buyers need to factor in the extensive construction costs associated with this project. The absence of current living space, combined with the substantial renovation costs required, is a key consideration in determining its overall value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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