Entwistle Green says ..

Property Oracle says ..

This property presents a unique opportunity in Maghull, Merseyside. The listing highlights an extremely rare 5.28-acre plot encompassing a three-bedroom bungalow and large agricultural buildings. The current structure is in substantial disrepair, requiring extensive renovation or potential demolition. Internally, the house exhibits significant wear and tear and needs complete modernization. Windows are boarded up, and the interior shows significant signs of neglect. Externally, the landscaping is overgrown, and the overall appearance is quite neglected.

The property’s main value proposition lies in its substantial land size. Its location near Maghull offers proximity to local amenities, transport links (Maghull North train station is less than a kilometer away), and schools, making it potentially attractive for redevelopment. However, potential buyers must factor in considerable costs associated with renovation or demolition and the acquisition of necessary planning permissions. The sizable plot, combined with its location and transport links, potentially justifies the list price, considering the developmental potential; but the poor condition of the existing structure must be weighed heavily. The price represents both a risk and a reward. Thorough due diligence, including a detailed structural survey, planning permission investigation, and professional cost estimations for development or refurbishment, is crucial before committing to a purchase.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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