Shaw & Co says ..

Property Oracle says ..

This listing is for a freehold plot of land on Island Farm Road, West Molesey, with planning permission granted to construct a two-story building comprising five two-bedroom flats with allocated parking. The absence of existing structures means the property is essentially a development opportunity. The location is relatively convenient, with several train stations within a short distance offering commuting links, and proximity to schools adds to its family-oriented aspect. The planning permission is a key feature, allowing for the development of several residential units with potential for rental income. However, the absence of square footage for the land and the planned development limits the analysis of the value proposition, as does the absence of data for features such as building materials and finish specifications. The lack of existing property details makes it difficult to provide a detailed evaluation of its current condition other than its undeveloped state. Potential buyers should perform their own comprehensive market research, architectural review of the approved plans, and cost analysis to fully assess the risks and rewards of this development project.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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