Foxtons says ..
Massive opportunity to extend or build another residential dwelling (STPP). Large space to right hand side of the property which houses the annex currently.
This four-bedroom property located on Green Lane in New Malden offers a blend of renovated spaces and areas that appear to need completion. The kitchen and bathrooms have received noticeable upgrades, presenting a modern and clean aesthetic. The living areas are largely renovated, with new flooring and fresh paintwork, however, there are still some elements of incomplete work visible throughout, notably in some of the bedroom areas. The property benefits from off-street parking and a what seems to be a substantial garden, although the exact dimensions are missing from the listing, suggesting the possibility of further development or expansion (subject to planning permission). The listing highlights the potential to expand further, referencing an existing annex, which would significantly enhance the property's value if realised. However, potential buyers should factor in the cost of completing the ongoing works. The location is advantageous, being relatively near several train stations that offer excellent transport links to central London. The availability of several well-rated primary schools nearby further increases the property's appeal to families. The price of £800,000 is slightly above average for Green Lane, making it important for prospective buyers to conduct thorough due diligence, obtain a comprehensive survey to assess the full cost of completion and make a reasoned assessment of the value for money offered.
Therefore, we give this property 6 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*
