Shootash, Romsey, Hampshire, SO51
By Woolley & Wallis
£ 250,000
Reviews
3 out of 5 stars
Woolley & Wallis says ..
** Due to the level of interest, we are going to Best & Final Offers on Friday 22 March 2024 at 12.00 noon ** An exciting opportunity to purchase a barn with planning consent within a plot of approximately 1.4 Acres.
Property Oracle says ..
This property listing presents an opportunity to acquire a barn with planning permission situated on a generous 1.4-acre plot in the Shootash area of Romsey, Hampshire. The location provides a balance of rural tranquility and proximity to amenities and transportation links, making it potentially attractive to buyers seeking a countryside setting. The existing barn is shown in photographs and requires substantial refurbishment or redevelopment. The planning permission is a key element; it reduces risk and allows for a more informed purchase decision. While a lack of specific details on the building plans limits the evaluation, the large plot size significantly increases the property’s appeal. The asking price should be considered in light of the extensive work required to transform the property into a habitable residence. Comparable property prices vary greatly, indicating the market value might depend heavily on the development plans and the final specifications of the finished property. Potential buyers should conduct thorough due diligence, review the planning permission details, and obtain multiple building cost estimates to understand the total cost of the project.
Therefore, we give this property 6 / 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
- 9
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 988,059.00 £Increased by 15.43 %
- Average area rental value
- 2,205.00 £/moIncreased by 56.05 %
- Est rental Yield
- 2.68 %Increased by 35.35 %
- Crime Rate
- 0.00 %
Agent Activity
Woolley & Wallis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Embley | Other Independent School | 1.61 KM | |
| Awbridge Primary School | Academy Converter | 2.25 KM | |
| Wellow Primary School | Academy Converter | 2.82 KM | |
| Lockerley Church Of England Endowed Primary School | Voluntary Aided School | Good | 4.78 KM |
| Romsey Abbey Church Of England Primary School | Voluntary Aided School | Good | 5.52 KM |
Images
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Mottisfont And Dunbridge | 5944 | DBG | 4.17 KM |
| Romsey | 5943 | ROM | 6.52 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Dunwood Hill, East Wellow, Romsey, Hampshire, SO51 | £ 1,100,000 | BUY | 7 / 10 | 0.26 KM |
| LOT 2 East Wellow, Hampshire | £ 200,000 | BUY | 6 / 10 | 0.72 KM |
| Dunwood Court, Romsey | £ 220,000 | BUY | 5 / 10 | 0.81 KM |
| The Frenches, East Wellow, Romsey, Hampshire | £ 1,500,000 | BUY | 7 / 10 | 1.03 KM |
| The Frenches, Romsey, Hampshire, SO51 | £ 1,750,000 | BUY | 7 / 10 | 1.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Mile End | £ 215,000 | 0.51 KM |
| Almora | £ 1,055,000 | 0.51 KM |
| Restine | £ 391,000 | 0.51 KM |
| Avalon | £ 577,500 | 0.51 KM |
| Willowbend | £ 720,000 | 0.51 KM |