Castle Residential says ..

Property Oracle says ..

This listing is for a small plot of land located on Ellesmere Road, Greenford, UB6 9ET. The property currently contains a derelict outbuilding or garage. The plot’s size is very small, lacking any significant garden space. The location is in a residential area of Greenford, close to several schools with varying Ofsted ratings (including some ‘good’ and ‘outstanding’), and a reasonable distance from several transport links, including Greenford Underground station. However, the price of £30,000 needs careful consideration. While initially appearing low relative to nearby house prices, this is due to the property being a small plot of land with a derelict building needing full redevelopment. The ultimate value will depend heavily on planning permission, construction costs and the overall market conditions. A potential buyer should assess the potential development costs extensively before making a purchase decision. Due diligence on the planning permissions and permitted building regulations would be essential before deciding this to be a worthwhile investment.

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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