Daniel Frank Estates says ..

Property Oracle says ..

This property presents a unique opportunity in the UK housing market. It’s a Grade II listed farmhouse situated in the semi-rural setting of Upshire, Essex, offering a blend of character and potential. The property features six bedrooms and two bathrooms, and a substantial plot of land, as seen in the aerial photographs. This offers a rare opportunity compared to most UK properties. 

The house itself displays a mix of charming period features, such as exposed beams, and areas requiring modernisation, particularly in the kitchen and bathrooms. The inclusion of a swimming pool and substantial outbuildings adds to its appeal, and there is a potential for development; planning permission for two additional dwellings is mentioned in the listing.

The location combines the tranquility of a rural setting with reasonable proximity to transport links, including the M25 and M11 motorways, and to nearby towns of Waltham Abbey and Epping, and a good primary school within a short distance. However, the commuting distance to larger city centers may be a consideration for potential buyers. 

Considering the combination of the Grade II listing, sizeable land, potential for development, and location, the listing price is likely justified in the context of the UK market, particularly for a similar property in this niche category. However, the need for renovation could be a key consideration for potential buyers. The lack of precise square footage data for the main house and overall property limits a precise evaluation of the price per square foot.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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