McDowalls says ..

Property Oracle says ..

This property is a plot of land in Plaistow, London, currently occupied by a garage/workshop. The listing highlights approved planning permission for demolition and the construction of a new three-storey, three-bedroom house. The provided photographs show a somewhat neglected property both internally and externally, requiring significant work. The property’s location in Plaistow offers relatively good access to transport links, although it’s not in the most affluent part of London. Nearby schools and amenities are present, but not necessarily exceptional. The list price reflects the potential value of the land and the approved building plans, but buyers must consider the added costs of construction and potential delays before finalising a purchase decision. The land size is adequate for the planned development but needs considerable improvement. Potential buyers should perform thorough due diligence, including surveying, cost estimation, and additional investigations into local conditions to appropriately assess its worth.

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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