Fox Grant says ..
A range of outbuildings & stables, some of which are in need of refurbishing, and chalk based pasture land. Surrounded by open countryside, yet just a 5 mins drive to Grateley Mainline Station. Total about 5.2 acres *BEST OFFERS - By 12 noon Friday 19th April 2024*
Property Oracle says ..
This property at Lot 3 Quarley, Hampshire, presents a unique opportunity for a buyer with specific plans for a significant project. The substantial 5.2-acre plot presents significant potential, especially for those seeking rural seclusion. However, this potential is significantly offset by the dilapidated condition of the existing outbuildings and stables. The lack of a residential structure, and the considerable work required to make the land suitable for intended use, is a major factor.
The property is situated in a relatively rural location with limited immediate access to amenities, but its proximity to Grateley Mainline Station offers a transport link to more populated areas. Several primary schools are within a reasonable driving distance. However, prospective buyers should carefully consider the significant financial and time investment required for development or renovation before proceeding. The list price appears relatively low for the size of the plot, but the extensive refurbishment needed could easily offset any perceived bargains. Buyers should approach this investment with a detailed cost-benefit analysis that incorporates the potential expenses associated with bringing the property up to a habitable and usable standard.
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
- 7
- Condition
- 3
- Location
- 4
- Land
- 9
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 2,317.67
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 782,499.00 £Increased by 26.53 %
- Est sale value
- 917,797.32 £Increased by 7.32 %
- Average area rental value
- 2,151.00 £/moDecreased by 39.05 %
- Est letting value
- 2,317.67 £/moDecreased by 50.00 %
- Est rental Yield
- 3.30 %Decreased by 51.82 %
- Crime Rate
- 0.00 %
Agent Activity
Fox Grant marked this listing as sold.
Fox Grant created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Grateley Primary School | Community School | Good | 3.93 KM |
| Grateley House School | Other Independent Special School | Inadequate | 3.93 KM |
| Shipton Bellinger Primary School | Community School | Good | 4.63 KM |
| Kimpton, Thruxton And Fyfield Church Of England Primary School | Voluntary Aided School | Good | 6.16 KM |
| Newton Tony Church Of England Voluntary Controlled School | Voluntary Controlled School | Good | 6.33 KM |
Images
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Grateley | 5514 | GRT | 2.63 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lot 3 Quarley, Hampshire | £ 175,000 | BUY | 5 / 10 | 0.00 KM |
| Cholderton Road, Grateley, SP11 8LH | £ 695,000 | BUY | 7 / 10 | 1.98 KM |
| Cholderton Road, Andover, SP11 8LH | £ 650,000 | BUY | 7 / 10 | 1.98 KM |