Daniels says ..

Property Oracle says ..

This property on Harrow Road, Sudbury, presents a unique investment opportunity. The current structure is in poor condition, requiring a complete overhaul as indicated by the provided architectural plans. These plans detail the construction of what seems to be a multi-unit development, significantly increasing the property’s potential value. The location is advantageous, with relatively easy access to public transport via nearby train stations and several primary schools within walking distance. However, the immediate surroundings lack the amenities and vibrancy of more desirable areas. The land itself is substantial, providing ample space for the proposed development. The current state of the land is overgrown and requires considerable landscaping. The list price of £475,000 reflects the potential return on investment after the planned development, but prospective buyers must factor in the substantial costs associated with the complete rebuild. The lack of specific details regarding the existing property’s interior and the absence of bedroom and bathroom counts hinders a more precise valuation. The absence of information on the average price per square foot in the area also limits a more detailed analysis of the price’s competitiveness. Overall, this property is a high-risk, high-reward investment suitable for experienced developers or investors comfortable with extensive renovation projects.

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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