William Gleave says ..

Property Oracle says ..

This property is a plot of land in Queensferry, Flintshire, containing a derelict building, possibly a former chapel, described as having previous planning permission for conversion. The listing emphasizes its location in a popular area with development potential. The photos reveal a dilapidated structure requiring extensive work; the roof is damaged, and windows are boarded up. The property lacks details on precise square footage for both the building and land. Neighbouring properties range significantly in price, from approximately £50,000 for smaller properties to over £100,000 for houses. The £80,000 list price is comparatively low, but prospective buyers must factor in substantial costs associated with demolition, remediation and or renovation. The location offers proximity to transportation and schools, enhancing its appeal for redevelopment. While the location is positive, and the price appears low considering the need for major work, the property’s dilapidated condition significantly impacts its overall value. Potential buyers should conduct thorough due diligence, obtain professional surveys and cost estimates for potential renovations or demolition before making an offer.

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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