Christopher St James says ..

Property Oracle says ..

This property is a plot of land located on Northwood Avenue in Purley, CR8. The location is desirable, being close to good schools like Beaumont Primary School (Outstanding Ofsted rating) and St Nicholas School (Good Ofsted rating), and also benefits from relatively easy access to public transport via Purley station. The plot itself appears to be of a reasonable size, suitable for a new build. While the lack of specific details on the plot size and the absence of a property to assess condition makes it difficult to give exact scores, the images suggest a potential for a substantial property. The list price of £500,000 is below the average price for the area (£620,217), however, without knowing the buildable area and potential value of the finished property, it is difficult to determine if this represents good value. Nearby properties are selling for significantly more, suggesting that this plot could represent good value for money if developed appropriately.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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