Miles & Barr Commercial says ..

Property Oracle says ..

The property is located on London Road in Canterbury, Kent. The area benefits from relatively close proximity to Canterbury West and Canterbury East train stations, providing convenient access to other parts of Kent and beyond. Several schools are within a reasonable distance, including The Canterbury Academy and The Canterbury Primary School, both rated \‘Good\’ by Ofsted. This suggests a family-friendly location.

Based on the provided images, the property appears to be in need of significant renovation. The carpets are worn, and there is evidence of damage in several rooms. The overall condition suggests a property requiring substantial investment to bring it up to a modern standard. The property also benefits from a sizeable garden, which adds to its potential value.

While the listing price is significantly higher than the average house price in the area (£1,100,000 vs £258,798), it is important to note that the average price per square foot is not applicable given that the property is listed as land. Considering the property’s condition, the need for extensive renovation, and its location, the list price may be considered high compared to other properties in the area, but this is dependent on the potential for development or redevelopment of the land. Further investigation into planning permissions and potential development opportunities would be necessary to form a more conclusive opinion on the price.

The property has features that could be considered desirable, such as its location and garden, but these are offset by the significant condition issues. A detailed survey and professional valuation would be recommended before making any offers.

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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