Dexters Development & Investment says ..

Property Oracle says ..

This property listing presents a development opportunity in Weybridge, Surrey. The offering consists of a sizable plot of land situated on St. Georges Avenue. The existing building on the site appears to be in need of either substantial renovation or demolition.

The site’s key strengths include its location within Weybridge, offering good access to transport links (Weybridge train station) and various amenities, including highly-rated schools such as Oatlands School (Outstanding Ofsted rating). The images show a substantial area of land.

However, significant drawbacks include the condition of the existing building and the land itself, which appears unkempt and requires considerable work before any construction can begin. The relatively high list price should be carefully considered against the considerable costs associated with site preparation and potential development. Due diligence is essential to assess the true financial feasibility of this project, factoring in all associated planning permission, construction and site clearance costs.

Potential buyers should obtain professional surveys to ascertain the full condition of both the existing structure and the land, as well as independent valuations to determine a fair market price given the necessary remediation efforts. A thorough investigation of planning permission possibilities is also crucial before proceeding with any purchase.

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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