Myddelton & Major says ..

Property Oracle says ..

This property is a large plot of land located on Walworth Road in Picket Piece, Andover. The listing price is £1,400,000. Given the size of 7,506.75 sqft, this equates to approximately £186 per sqft. The average price per sqft in the area is £383, suggesting this property may be overpriced compared to residential properties. However, it’s crucial to note that this is a plot of land, not a residential building, so direct comparison with average residential prices per sqft may not be entirely accurate. The lack of nearby comparable land sales makes a precise valuation challenging. The location is relatively close to Andover town and benefits from proximity to schools, although the exact quality of these schools and their suitability for potential buyers would need further investigation. Transportation links appear adequate with Andover train station being within a reasonable distance. The images reveal a large industrial-style building on the site. The land appears to be largely undeveloped beyond the existing structure and parking area. More information on the permitted uses and development potential of the land would be necessary for a thorough assessment.

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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