Appointmoor Estates says ..

Property Oracle says ..

This property on Grosvenor Road, Westcliff-on-Sea, is a 17-bedroom, 17-bathroom link-detached house currently listed for £1,100,000. Marketing materials describe it as a ‘Superb investment/development opportunity’ and highlight its proximity to the seafront. The property’s location in Chalkwell is advantageous, given its relatively close proximity to the seafront and good transport links to Westcliff-on-Sea and other areas via the c2c train line. Several schools are within a reasonable distance, including St Bernard’s High School, which has received a ‘Good’ Ofsted rating.

However, the photographs reveal that the property is in need of significant refurbishment. The interior finishes are outdated, with worn carpets and dated decor throughout. Bathrooms also seem to require updating. The limited plot size, as indicated by the listing, is a notable drawback. The price, while seemingly high given the condition, is in line with prices of other nearby larger properties and could be justified if the property were purchased for conversion or substantial redevelopment. The large number of bedrooms and bathrooms makes it suitable for multiple purposes, such as a hotel or a large family home following renovation. Prospective buyers should factor in substantial renovation costs when considering the asking price and undertake thorough due diligence before making an offer.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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