Savills says ..

Property Oracle says ..

This listing presents a development opportunity in Chingford, London. The property is a substantial undeveloped plot of land located at 64-70 Sewardstone Road, situated near the junction with Laurel Gardens, a street with an average house price of £475,000, indicating strong property values in the immediate vicinity. The area benefits from proximity to good schools such as Parkside Primary School and relatively convenient transport links via Chingford Overground station, approximately 2.5km away. The images show a significant expanse of land, suitable for substantial development. While the location offers considerable appeal, the lack of specific details regarding the plot’s exact size, planning permissions, and development potential, in addition to the absence of information on any buildings or facilities existing on the site mean the price of £3,500,000 needs further due diligence before a complete assessment of value can be made. Therefore, further investigation is advised before any firm conclusions can be drawn about the suitability or cost-effectiveness of this investment opportunity. Investors should note that this requires significant investment and will not be habitable without substantial expenditure. Given that this is a large plot of undeveloped land, a detailed planning proposal, full survey and cost analysis are needed to accurately assess its potential return on investment. Buyers should consult with professionals regarding this.

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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