Brightest move says ..

Property Oracle says ..

This property presents a development opportunity rather than a ready-to-move-in residence. Located in Bridgwater, Somerset, the site consists of land at the rear of 27-28 Cornhill, requiring demolition of an existing single-storey structure. The plans propose development into either four HMO units containing a total of 24 individual rooms or eight flats. The central location is advantageous, near Bridgwater’s town centre, train station (Bridgwater station, Great Western Railway), and various schools – Northgate Primary School, The Bridge School Sedgemoor, Robert Blake Science College, Polden Bower School and Sedgemoor West. However, the immediate surroundings show aspects that could be seen as less desirable for residential purposes. The images of the current site show a carpark and an area with some signs of neglect and disrepair. The property’s proximity to amenities isn’t directly detailed but is inferred due to the town-centre location. The list price appears acceptable given the potential for substantial returns from the proposed multi-unit development. The lack of specifics regarding square footage and precise plot size limits the full assessment of value for money, however, the price of similar properties in the immediate vicinity suggest that the current listed price isn’t unreasonable. Overall, investors interested in multi-unit development projects may find this property appealing for its potential, but will need to account for the associated costs of demolition and construction.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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