Dexters Development & Investment says ..

Property Oracle says ..

This property presents a unique investment opportunity in a prime central London location on Westminster Bridge Road. The building is a Grade II Listed landmark, offering considerable character and potential. However, it is currently in a state of disrepair, requiring substantial renovation. The listing highlights planning permission for seven luxury residential apartments, suggesting a lucrative potential return. The current condition and lack of finished sqft data make it difficult to perform precise price-per-sqft comparisons to local properties. The property’s location is a major advantage; its proximity to Waterloo Station and several schools enhances its value. The absence of a garden or substantial outdoor space is a disadvantage. Buyers should factor in significant refurbishment costs into their overall investment strategy. The planning permission is a key element in justifying the high price, but potential buyers must understand the time and expense of this development process.

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

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