Christopher St James says ..

Property Oracle says ..

This property listing presents a development opportunity in Wimbledon, a highly sought-after area of South West London. The site is located on Queens Road, close to Russell Road, placing it within easy walking distance of Wimbledon town centre, boasting various shops, restaurants, and amenities. Excellent transport links are available via Wimbledon station, providing access to National Rail services and London Underground connections. Furthermore, the property’s proximity to several highly-rated primary schools, including St Mary’s Catholic Primary School (Outstanding Ofsted rating), adds significant value for families.

The proposed development includes the construction of three houses. Architectural renders suggest a contemporary design. The plot itself appears relatively narrow based on aerial imagery. The list price of £1,800,000 should be considered in the context of the nearby property sales and the potential profitability of the development scheme after factoring in construction costs. More detailed financial assessment would be beneficial. This detailed information including the size of the houses, final specifications and the detailed costings of the development are required to provide an accurate assessment of the current list price.

Overall, this is a potentially lucrative development project, benefiting from its excellent location. However, a detailed feasibility study including the square footage of the proposed houses, construction costs, and potential final sales values are crucial to validate the pricing and overall project viability.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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