Bullock & Lees says ..

Property Oracle says ..

This property listing is for a brownfield development site in Bournemouth’s Littledown & Iford area. The site is located on Kings Park Central Drive and includes the existing structure, which will require renovation, with further potential for the construction of multiple additional units. The site’s location offers proximity to several schools including King’s Park Academy (rated ‘Good’ by Ofsted) and relatively easy access to public transportation via Pokesdown train station. While the potential for significant returns from redevelopment is significant, the list price of £850,000 requires careful consideration. Without detailed plans and a comprehensive assessment of the existing structure’s condition, and the overall site size, it’s challenging to determine the true market value. The project may involve a significant outlay for demolition, remediation, construction, and obtaining all necessary planning and building consents. Comparative market analysis of nearby properties would help refine pricing. A lack of sqft and plot size figures significantly impairs a fair and accurate property analysis, especially considering that other nearby listings also lack sqft and plot size information.

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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