Auction House London says ..

Property Oracle says ..

This property is a vacant site, approximately 300 sq ft, situated at the rear of 97 Whittington Avenue in Hayes, Middlesex. The site is currently in a poor state of repair, filled with debris and requiring substantial work before it becomes usable. The auction listing indicates that the property was formerly occupied by a garage or shed. The listing does not mention specific details about planning permission for any development.

The location has some positive aspects, including relatively good access to transport links (Hayes & Harlington station) and schools in the area are rated ‘Good’ by Ofsted. However, the property’s position at the rear of another building reduces its desirability compared to a property with street frontage. Nearby house prices show a range, but average house prices are quite high, suggesting land value could be greater than the listed price.

The small size of the land severely limits what could be built on this site. Any potential development would require planning permission, potentially incurring additional costs. The lack of information about potential planning permissions and the considerable work needed makes assessing the site’s value challenging. The current listed price, considering all of these factors, appears relatively low but may be reflective of the risk associated with the property’s condition and size. A potential buyer should therefore conduct thorough due diligence, including obtaining planning permission in principle before committing to purchase.

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

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