The asking price of £550,000 is substantial, although given the potential for development and granted planning permission for 28 residential units and 3 retail units, the price may be justified for a developer. Without more detailed financial projections this determination is difficult, however, the current state of disrepair would lower the value for someone seeking immediate occupancy. The price reflects this uncertainty and potential.

Based on the provided photographs, the property is in a visibly poor state of repair. It shows signs of significant disrepair, including graffiti and general dilapidation. Therefore, a low score reflects the substantial renovation required.

The property benefits from a central location in Dundee, close to the waterfront and the city centre. Proximity to transport links (Dundee ScotRail station is 0.99km away) is a plus. However, the immediate surroundings appear somewhat industrial, and the absence of nearby schools may detract from its appeal for families. The location’s score reflects this mix of positive and negative factors.

The land is a significant aspect of this listing, given the site’s size and potential for development. Although the exact plot size in square feet isn’t provided, the description mentions ‘Site area approx. 0.08ha (0.19ac)’, indicating a sizable area suitable for multiple units, thus receiving a relatively high score.