Featherstone Leigh says ..

Property Oracle says ..

This property on Plough Lane, Teddington, is presented as a development opportunity rather than a ready-to-move-in home. The listing indicates the need for full refurbishment or rebuilding, and the accompanying images and plans support this assessment. The property’s location in Teddington is a significant advantage, as it’s a highly sought-after area in London. The proximity to Teddington station and several well-regarded schools are positive factors. However, the property itself is in poor condition. The absence of a garden and the limited land area are also factors to consider. Comparable properties in the area have a wide price range. Some nearby properties on Springfield Road and others on nearby streets are significantly more expensive. The price of £695,000 reflects the need for extensive work. Potential buyers should factor in substantial renovation costs when considering this property. Given the need for complete renovation and the comparatively lower price compared to completed properties in the area, a thorough survey and feasibility study are crucial before purchasing. The property is clearly aimed at developers or those with the means and skills to undertake a major renovation project.

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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