Lot 3 Quarley, Hampshire
FO

Lot 3 Quarley, Hampshire

By Fox Grant

£ 175,000

Reviews

2 out of 5 stars

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 %
from 618,413.00 £
Est sale value
917,797.32 £
Increased by 7.32 %
from 855,220.23 £
Average area rental value
2,151.00 £/mo
Decreased by 39.05 %
from 3,529.00 £/mo
Est letting value
2,317.67 £/mo
Decreased by 50.00 %
from 4,635.34 £/mo
Est rental Yield
3.30 %
Decreased by 51.82 %
from 6.85 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Fox Grant marked this listing as sold.

  • Fox Grant created the listing.

Nearby Schools

NameTypeOfstedDistance
Grateley Primary SchoolCommunity SchoolGood3.93 KM
Grateley House SchoolOther Independent Special SchoolInadequate3.93 KM
Shipton Bellinger Primary SchoolCommunity SchoolGood4.63 KM
Kimpton, Thruxton And Fyfield Church Of England Primary SchoolVoluntary Aided SchoolGood6.16 KM
Newton Tony Church Of England Voluntary Controlled SchoolVoluntary Controlled SchoolGood6.33 KM

Images

Nearby Transport

NameNLCTLCDistance
Grateley5514GRT2.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lot 3 Quarley, Hampshire £ 175,000BUY5 / 100.00 KM
Cholderton Road, Grateley, SP11 8LH £ 695,000BUY7 / 101.98 KM
Cholderton Road, Andover, SP11 8LH £ 650,000BUY7 / 101.98 KM