Auction House London says ..

Property Oracle says ..

This listing from Auction House London presents a plot of land adjacent to 5 St. James Gardens, Little Heath, Romford. The property is described as undeveloped land suitable for a potential building project. The location is relatively residential and quiet, benefiting from proximity to several schools, including Little Heath School (rated 'Good') and Atam Academy ('Outstanding'). Transport links are available via TfL Rail (Goodmayes and Chadwell Heath stations are relatively close), although this would likely involve a short car or bus journey. The absence of square footage measurements for both the land plot and the house makes a comprehensive evaluation difficult. The list price is £50,000. Nearby properties range significantly in price from around £163,000 to £500,000, indicating a potentially wide range of values in the area. Determining the value of the land would require thorough due diligence; such things as planning permissions, potential development costs, and market analysis for similar properties in the area. The images suggest a reasonably sized plot but further investigation of the plot’s size, shape, and any existing planning permissions is necessary before a concrete conclusion on its development potential can be drawn. Buyers should carefully consider potential development costs, including groundwork, planning fees, and construction costs in addition to the purchase price. 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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