Kallars says ..

Property Oracle says ..

This property listing presents a vacant plot of land in the SE20 postcode area of London. The location is reasonably convenient with good access to transport links and relatively close proximity to several well-rated schools. However, the land appears significantly overgrown and neglected, with a dilapidated concrete wall suggesting a need for considerable work before any development can commence. The listing price is £120,000, which may be attractive considering the cost of land in London, but the lack of structure and the condition of the land should be carefully considered before purchase. The absence of property details like plot size and square footage makes accurate assessment of value challenging. Further investigation to confirm plot size, planning permissions, and potential development costs is strongly recommended before making a purchase decision. Potential buyers should be fully aware of the significant investment required to transform this overgrown plot into a habitable space. The absence of key details like plot size and planning permissions creates an additional layer of uncertainty in evaluating the overall value proposition. A thorough survey and professional assessment of the land’s development potential are essential before any financial commitment.

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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