Savills says ..

Property Oracle says ..

This listing from Savills is for a plot of land located on Silverdale Avenue in Walton-on-Thames, Surrey. The land has full planning permission granted for the construction of two two-story semi-detached homes. The plot size is 0.21 acres (0.083 hectares). While the location in Walton-on-Thames is generally considered desirable due to its proximity to amenities and transport links, the exact position within the area and its walkability score would help to determine its location score. The list price is £1,200,000. Given that it is a development opportunity, the price needs to be assessed against comparable plots of land in the area with planning permission and also the likely construction costs and subsequent sale value of the completed properties. Nearby properties show a wide price range, depending on whether they are houses or apartments and what kind of plot sizes they have. This makes it difficult to confirm if the list price of the land is competitive. Information on the square footage and the average price per square foot for this area are missing from the provided data, which would enable further analysis of the price of this land. The lack of information on the actual condition of the land itself as well as the absence of an existing property is also pertinent and should be noted.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images