Swift Property Auctions says ..

Property Oracle says ..

This listing presents a development opportunity in the Lee Green area of London. The property consists of a vacant freehold plot of land measuring approximately 7,045 sq ft. A pre-application has been submitted to build a two-story, three-bedroom house, and the listing suggests that additional properties could potentially be built on the site. The location is convenient, with relatively close proximity to Hither Green and Lee train stations, offering good access to central London. Several well-regarded schools are also within a reasonable distance. However, the land is currently overgrown and requires significant preparation before construction can commence. The artist’s impressions suggest what the finished development could look like. The 250,000 GBP list price represents a potential investment opportunity but buyers should carefully consider costs associated with planning permissions, site preparation, and construction. The absence of concrete data, such as the price per sq ft for comparable land parcels, makes definitive conclusions about value challenging.

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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