AbbotFox says ..
abbotFox Land & New Homes presents this prime residential development opportunity with full planning permission granted for a mix of two and three storey new build townhouses within close proximity of the town centre. The whole is positioned in a prime location within striking distance o...
Property Oracle says ..
This property is a development opportunity in North Walsham, Norfolk, listed for £575,000. The listing includes artist’s impressions of planned townhouses. The existing site, however, shows several buildings in disrepair, which are not in line with the final development. The location is convenient, relatively close to a train station and schools, making it suitable for families and commuters. The plot size appears significant enough for the planned development, offering good potential for return on investment. However, the current state of the site suggests significant costs will be associated with preparing the land for development, affecting overall profitability. The lack of specific details regarding the planned development—number of units, size of each unit, and the costs associated with the preparation of the site—makes a definitive assessment of the price’s reasonableness challenging. Further investigation into the planning permission details and the build specifications will be needed to gain a more accurate picture of this development plot’s financial viability.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 250,000.00 £Decreased by 11.89 %
- Average area rental value
- 650.00 £/moDecreased by 32.92 %
- Est rental Yield
- 3.12 %Decreased by 23.90 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
AbbotFox marked this listing as sold.
AbbotFox created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North Walsham High School | Academy Converter | 0.46 KM | |
| Visiting Teacher Service North | Miscellaneous | 0.72 KM | |
| North Walsham Infant School | Academy Converter | 0.87 KM | |
| North Walsham Junior School | Academy Converter | 0.90 KM | |
| North Walsham Sure Start Children'S Centre | Children's Centre | 0.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Black Swan Loke | £ 0 | 0 | 0.00 KM |
| Park Lane | £ 0 | 0 | 0.00 KM |
| Durrell Way | £ 0 | 0 | 0.00 KM |
| Market Street | £ 0 | 0 | 0.00 KM |
| North Street | £ 132,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| North Walsham | 7308 | NWA | 0.47 KM |
| Worstead | 7326 | WRT | 4.69 KM |
| Gunton | 7299 | GNT | 7.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| North Walsham, NR28 | £ 575,000 | BUY | 5 / 10 | 0.00 KM |
| Grange Mews, Yarmouth Road, North Walsham, Norfolk | £ 425,000 | BUY | 7 / 10 | 0.02 KM |
| Yarmouth Road, North Walsham | £ 515,000 | BUY | 7 / 10 | 0.03 KM |
| Grange Court, North Walsham | £ 295,000 | BUY | 6 / 10 | 0.14 KM |
| 17 Yarmouth Road, North Walsham, Norfolk NR28 9AT | £ 160,000 | BUY | 5 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24a Yarmouth Road | £ 410,000 | 0.01 KM |
| 27 Yarmouth Road | £ 330,000 | 0.03 KM |
| 23 Yarmouth Road | £ 375,000 | 0.03 KM |
| 48 Yarmouth Road | £ 180,000 | 0.03 KM |
| 39 Yarmouth Road | £ 242,000 | 0.03 KM |