Clarke Gammon says ..

Property Oracle says ..

This property in Headley Down, Hampshire, presents a unique investment opportunity, but one that comes with significant caveats. The listing is for a dilapidated chicken shed with approved planning permission to be transformed into a 255.5 sq m dwelling. The substantial 0.5-acre plot offers considerable potential, especially considering its rural location. However, the current condition of the property is poor, demanding substantial renovation work. The £425,000 asking price reflects the land value and potential, but buyers should be aware of the considerable costs and risks associated with a project of this scale. A thorough survey and costings for the conversion are crucial before committing to a purchase. The relatively close proximity of schools like The Holme Church of England Primary School adds value for families, whilst access to rail links at Liphook, Bentley (Hampshire) and Farnham, albeit a distance away, offer some level of commuter convenience. Prospective buyers should be experienced in handling property renovation projects or have a team in place to oversee the conversion. The final value will heavily depend on the quality of the conversion and the final state of the property.

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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