Barnard Marcus says ..

Property Oracle says ..

This property is a freehold parcel of land located on Broadway in Knaphill, Woking, Surrey. The plot measures approximately 2,650 square meters (28,534 square feet), representing a significant development opportunity. The location is convenient, with nearby amenities, schools, and relatively easy access to Brookwood train station. However, the property’s position on a main road may be a consideration for potential buyers. The current list price of £2,000 is exceptionally low, suggesting a potential investment opportunity, but also highlighting the inherent risks and costs associated with land development. The absence of any existing structure means that any future development would require significant investment in construction. The size of the plot offers considerable potential for building multiple residential units or a substantial single dwelling, depending on planning permissions. Further investigation into planning regulations and potential development costs is essential before making any investment decisions. The low price likely reflects the need for significant investment in development, but the potential return on investment could be substantial if the development is successful. The auction format of the sale also introduces an element of uncertainty to the final sale price.

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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