Masella Coupe says ..

Property Oracle says ..

This property located at 8 & 8A Farncombe Street, Godalming, Surrey, is listed at £800,000 and presents itself as a development opportunity. The current structure seems to be a commercial building with potential for conversion into multiple residential units; this is supported by existing planning permission (PRA/2022/00832) and architectural renderings. The exterior shows a building in need of some refurbishment, as seen in the images, which are primarily of the exterior. The location is close to Farncombe station (0.15km), providing excellent rail links. A number of schools are also within walking distance. This makes it potentially attractive to families, especially if the conversion plans are executed successfully. However, the lack of details about the internal space, final apartment sizes and the existing condition inside makes accurate assessment difficult. The absence of bathroom and bedroom counts in the initial listing is notable. Without information on the final square footage after the conversion and the specifics of the resultant apartments (number of bedrooms, bathrooms, etc.), evaluating the overall value and its suitability becomes challenging. The price appears potentially high, considering the property’s current state and the uncertain outcome of the conversion project. Therefore, potential buyers should carefully review the planning permissions, architectural plans, and conduct thorough due diligence before committing to this investment.

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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