Rock Innovate Limited says ..

Property Oracle says ..

The property is a large building, currently under conversion into 54 apartments. The location is in Tamworth town centre, close to transport links (Tamworth train station is 0.69km away), and several schools with good Ofsted ratings (Stepping Stones School, Landau Forte Academy Tamworth Sixth Form, and others within 1.12km). The average house price in the area is significantly lower than the listing price of £1,800,000. However, the scale of this development suggests a potential for high returns once completed. The lack of plot size information and the absence of details on the state of the building prior to conversion make a complete assessment of land and condition difficult. The price seems high compared to average local property prices, but it is likely reflective of the potential value of 54 individual apartments once the conversion is complete. Further information on the planned amenities and the projected rental income would be needed for a thorough price evaluation.

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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