Perry Bishop says ..

Property Oracle says ..

This property is a large plot of land in Fairford, Gloucestershire, with a list price of £800,000. The land includes a collection of dilapidated buildings that are in need of significant renovation or demolition. The location is in Fairford North, which is close to several well-regarded schools, including Fairford Church of England Primary School (Outstanding Ofsted rating) and Farmor’s School (Good Ofsted rating). While specific transportation links aren’t detailed, Fairford is a small town, and proximity to these schools suggests reasonable access to local amenities. The average house price in the area is £243,233, significantly lower than the listing price of this property. However, this is a large plot of land, and nearby properties show prices ranging from £210,000 to £895,000. The condition of the existing buildings is poor, requiring substantial investment. Therefore, the price may be justifiable given the size of the land and potential for development, but a detailed survey and planning permission assessment are crucial before making any purchase decision.

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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