Land To Rear Of Hamilton Road, Felixstowe
By Nicholas Estates
£ 250,000
Reviews
2 out of 5 stars
Nicholas Estates says ..
A rare opportunity to acquire a freehold building plot (subject to planning permission) in the town centre of Felixstowe, situated between Penfold Road & Hamilton Road with plans drawn for three self contained flats with allocated off road parking.
Property Oracle says ..
This listing presents a unique opportunity to acquire a freehold building plot in Felixstowe town centre. The plot’s central location offers easy access to the train station, shops, schools (Fairfield Infant School is notably close by at 0.37km), and amenities, making it appealing for potential developers. The plans suggest the construction of three self-contained flats, suggesting a potentially lucrative investment. The available land size is notable given the location, and allocated off-road parking is a significant benefit. However, potential buyers must acknowledge the inherent risks associated with development projects. Securing planning permission is crucial, and the associated costs of construction should be carefully considered against the asking price. The absence of existing buildings means the property’s condition cannot be evaluated directly; however, the land itself is likely to require groundworks and preparation. The price point needs to be analysed against the potential final value of the completed flats, factoring in all development costs, and compared with prices of similar properties in the area after completion.
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
- 5
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 753.47
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
- 550,639.00 £Increased by 42.23 %
- Est sale value
- 378,995.41 £Increased by 85.61 %
- Average area rental value
- 1,103.00 £/moIncreased by 16.84 %
- Est letting value
- 753.47 £/mo
- Est rental Yield
- 2.40 %Decreased by 18.09 %
- Crime Rate
- 47.00 %Unchanged by 0.00 %
Agent Activity
Nicholas Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Fairfield Infant School | Community School | Good | 0.37 KM |
| Colneis Junior School | Community School | Good | 1.15 KM |
| Felixstowe International College | Other Independent School | Good | 1.69 KM |
| Set Maidstone | Academy Converter | 1.93 KM | |
| Set Causton | Academy Converter | 2.08 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Albert Walk | £ 0 | 0 | 0.00 KM |
| Convalescent Path | £ 192,475 | 0 | 0.00 KM |
| Plymouth Road | £ 0 | 0 | 0.00 KM |
| Taunton Road | £ 0 | 0 | 0.00 KM |
| Rosebery Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Felixstowe | 7214 | FLX | 0.27 KM |
| Trimley | 7225 | TRM | 3.81 KM |
| Harwich Town | 6905 | HWC | 7.61 KM |
| Dovercourt | 6901 | DVC | 8.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Land To Rear Of Hamilton Road, Felixstowe | £ 200,000 | BUY | Unknown | 0.00 KM |
| Residential Development to the rear 137 to 141 Hamilton Road, Felixstowe, Suffolk, IP11 7BL | £ 125,000 | BUY | 5 / 10 | 0.02 KM |
| Hamilton Road, Felixstowe | £ 180,000 | BUY | 5 / 10 | 0.08 KM |
| Hamilton Road, Felixstowe | £ 180,000 | BUY | 7 / 10 | 0.08 KM |
| Penfold Road, Felixstowe | £ 450,000 | BUY | Unknown | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 114a Hamilton Road | £ 300,000 | 0.04 KM |
| 120a Hamilton Road | £ 97,000 | 0.05 KM |
| 120b Hamilton Road | £ 137,500 | 0.05 KM |
| 74 St Andrews Road | £ 74,500 | 0.10 KM |
| 97a St Andrews Road | £ 46,000 | 0.10 KM |