Cassidy & Tate says ..

Property Oracle says ..

This property in Tippendell Lane, St. Albans, is a plot of land with an existing bungalow that is to be developed, as highlighted by the listing agent Cassidy & Tate. The listing indicates a plan to demolish the existing structure to create a new development, with details of four or five new homes planned. The significant appeal is the substantial land holding. Aerial photos reveal a large, established garden encompassing various features including a vegetable garden and patio area. The location within Chiswell Green, St Albans, places it in a desirable area known for its good schools and transport links. Nearby schools have good Ofsted ratings, indicating a strong educational environment. Rail transportation is within a comfortable distance to several stations. The asking price of £1,100,000 for the entire development project needs to be considered in the context of the potential for multiple new homes and the desirability of this address. It is important to note that the provided data lacks crucial details, such as the precise square footage of the existing bungalow and the exact plans for the new development, making definitive conclusions regarding the overall value impossible without a complete evaluation. However, given the area and the size of the lot, the price may be competitive in this area. Buyers should carefully review the planning permissions, proposed designs, and potential costs associated with the project before making an investment decision.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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