Christopher Hodgson says ..

Property Oracle says ..

This listing is for a building plot situated on Cornwallis Circle, Whitstable, Kent. The plot requires demolition of existing garages before construction of a new, two-storey detached house with double garage can begin. The approved planning permission is subject to conditions, so this must be verified independently.

The location is advantageous due to Whitstable’s popularity as a seaside town, offering a good blend of amenities, transport links (Whitstable train station is within reach), and proximity to good schools. However, the immediate surroundings of the plot itself are not particularly appealing, comprising a row of garages. The plot size is relatively small for a detached house. The photograph shows that the existing garages are in a poor state of repair.

Given the need for demolition and the small size of the plot, the price of £115,000 might be considered reasonable relative to comparable plots but buyers need to factor in significant construction costs. The actual value of this opportunity strongly depends on the final cost of construction and completion versus the projected value of the newly built property. More information on the specific planning permissions and their conditions is crucial, as well as confirmation on associated costs (demolition, etc.) to ensure buyers have a realistic idea of the overall investment and potential return.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images