Corbens says ..

Property Oracle says ..

This property, situated on Argyle Road in Swanage, Dorset, presents a unique opportunity. Currently listed at £1,200,000, it’s a substantial building with planning consent for redevelopment. The property’s history as a police station is evident in the building’s design and layout. The provided photos reveal a property in need of complete modernisation. Interior spaces are largely vacant and in a state of disrepair, lacking modern fixtures and finishes. While the building’s structure appears sturdy and the location in Swanage is favourable, buyers should factor in substantial costs associated with a full renovation. The lack of a substantial garden or additional land is a notable consideration given the price point. Potential buyers looking for a ready-to-move-in home are unlikely to be interested; this property is fundamentally a development opportunity. The proximity to schools and the town centre are positive aspects of the location, but the lack of nearby transportation should be considered. Ultimately, the value proposition hinges on the feasibility and profitability of the approved redevelopment plans, which require detailed scrutiny before making an informed decision. The current asking price would need to be justified by a comprehensive assessment of the construction and sale potential of the proposed development.

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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