The list price of £395,000 seems relatively high considering the property’s condition and the need for substantial renovation. Although the location is a positive factor, the land’s current state and the absence of precise details regarding its size and potential use weigh against the pricing. The price would likely need to be discounted to accurately reflect the cost of remediation, site works and potential development. A comparative market analysis of similar plots in the area would be beneficial in verifying this assertion.

The photos reveal the property to be in poor condition, requiring significant work and renovation. The garden area is overgrown, neglected, and contains debris, indicating a lack of upkeep. The existing structures show significant signs of disrepair and will require extensive work before the land could be considered in decent condition.

The property benefits from a location close to several highly-rated schools, including Walthamstow School for Girls (Outstanding Ofsted rating). Its proximity to Walthamstow Central station provides good transport links. The area is also within easy reach of shops and amenities on Hoe Street and Walthamstow Village, contributing to its desirable location. However, the specific plot of land itself may not benefit from the same degree of convenience as nearby residential properties.

While the property includes land, its size is not specified, and the photographic evidence displays an overgrown, neglected, and potentially problematic area. The presence of a pond/water feature in disrepair further complicates the usability of the land, lowering the score. Further investigation into the land’s condition and planning permissions would be crucial for a more accurate assessment.