Fine & Country says ..

Property Oracle says ..

This property in Borough Green, Kent, presents a unique opportunity for a development project. The listing is for a collection of dilapidated barns on a sizeable plot of land. The buildings currently appear uninhabitable; they are in need of substantial renovation or redevelopment. The site’s location in Borough Green is advantageous, owing to its proximity to good schools (Borough Green Primary School and others) and a mainline train station providing links to London. This is a desirable area for families, making the property appealing to developers seeking to create residential or other housing projects. The nearby sales data is limited, and details regarding the exact dimensions of the land and buildings are not provided. This creates some uncertainty about the true value and potential return on investment. A potential buyer would need to undertake thorough due diligence to assess the full cost of renovation or redevelopment, considering factors such as planning permissions, building regulations, and potential construction costs before proceeding. The current listing price considers the land value and potential, although the absence of crucial details regarding the property’s size and condition makes a precise valuation assessment 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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