Graham & Co says ..

Property Oracle says ..

This property in Andover, Hampshire, is presented as a building project, rather than a ready-to-move-in home. The images reveal a plot of land with partially laid foundations, indicating that construction is incomplete. The design plans suggest a two-story house is intended. While the listing mentions three bedrooms and no bathrooms, the current state makes accurate verification of these details impossible. The location near Andover town centre and a mainline railway station is convenient, supported by nearby schools rated as ‘Good’ or ‘Outstanding’ by Ofsted. However, the lack of a completed structure and apparent disorganization of the site raise some concerns. The absence of crucial details such as square footage and plot size further restricts a precise evaluation. Nearby property prices in the area range from approximately £134,000 to £375,000, but the lack of comparable properties under construction limits definitive price comparisons. The £295,000 asking price warrants careful consideration, factoring in the substantial completion costs, which are likely to be significant. Potential buyers need to factor in these hidden costs, building regulations, and any unforeseen challenges associated with finishing the construction to form an informed opinion of its value.

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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