Statons New Homes Showcase says ..

Property Oracle says ..

This property listing in Cuffley, Hertfordshire, presents a unique opportunity. It’s not a ready-to-move-in home, but rather a plot of land with planning permission granted for a new, split-level four-bedroom detached house. The existing structure on the land is visible in aerial photography and needs significant work or demolition. The location is favorable, boasting proximity to Cuffley train station (providing links to London), several well-rated schools (Cuffley School being notably close), and a generally affluent residential area. The land itself appears relatively spacious and features a substantial garden area, although the precise plot size is currently unstated. The list price of \£850,000 aligns with other property values in the vicinity, but ultimately the true value will depend on the final build quality and specification of the new home. Buyers should be aware that this purchase involves considerable construction and the potential for unforeseen costs. A thorough inspection of the planning permission and building plans is essential. Potential buyers should also factor in building costs and timeframes into their calculations. The lack of information regarding existing building size and condition makes a complete valuation difficult. However, given the planned construction and location, the current asking price appears potentially reasonable.

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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