Maxey Grounds says ..
A Residential Development Site with Outline Planning Consent for three dwellings, together with existing Commercial premises, located within the Fenland Market Town of Wisbech and extending in total to approximately 0.33 Hectare (0.81 Acre). The site is offered For Sale as a Whole.
Property Oracle says ..
This property in Wisbech, Cambridgeshire, is a residential development site with outline planning permission for three dwellings, along with existing commercial premises. The site occupies a sizable area of approximately 0.81 acres, which represents a significant asset. The location on Lynn Road offers proximity to several schools, though the educational quality varies according to Ofsted ratings. The site’s accessibility to local amenities needs further clarification. The aerial image shows the existing buildings may require substantial work, potentially even demolition, before the development can commence. The price of £575,000 requires further analysis, particularly regarding the cost of demolition and the potential value of the finished three dwellings. Nearby property prices show considerable variation, making direct comparison challenging. Overall, the property presents a development opportunity but requires careful consideration of potential renovation costs and the market demand for new builds in the area. Buyers should carefully assess the detailed planning permission, obtain professional surveys and valuations before making any investment decision.
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
- 7
- Condition
- 3
- Location
- 6
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 257,476.00 £Increased by 20.60 %
- Average area rental value
- 1,276.00 £/moIncreased by 2.82 %
- Est rental Yield
- 5.95 %Decreased by 14.76 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Maxey Grounds created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Clarkson Infants School | Community School | Good | 0.29 KM |
| St Peter'S Cofe Aided Junior School | Academy Sponsor Led | Requires improvement | 0.34 KM |
| The Oasis Child And Family Centre | Children's Centre | 0.85 KM | |
| Orchards Church Of England Academy | Academy Sponsor Led | 1.00 KM | |
| Ramnoth Junior School | Academy Sponsor Led | Special Measures | 1.35 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Nelson Gardens | £ 260,000 | 0 | 0.00 KM |
| Turnpike Close | £ 220,000 | 0 | 0.00 KM |
| Beechwood Road | £ 0 | 0 | 0.00 KM |
| Norwich Road | £ 121,667 | 0 | 0.00 KM |
| Colvile Road | £ 216,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lynn Road, Wisbech | £ 575,000 | BUY | 6 / 10 | 0.00 KM |
| Lynn Road, Wisbech, Cambridgeshire, PE13 3EE | £ 400,000 | BUY | 5 / 10 | 0.03 KM |
| Fenland Road, Wisbech, Cambridgeshire, PE13 3QD | £ 260,000 | BUY | 7 / 10 | 0.12 KM |
| Waterlees Road, Wisbech, Cambridgeshire | £ 195,000 | BUY | 6 / 10 | 0.14 KM |
| Apeldoorn Walk, Wisbech | £ 250,000 | BUY | 7 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 234 Lynn Road | £ 185,000 | 0.04 KM |
| 226 Lynn Road | £ 247,500 | 0.04 KM |
| 7 Waterlees Road | £ 92,500 | 0.14 KM |
| 22 Waterlees Road | £ 148,000 | 0.14 KM |
| 34 Waterlees Road | £ 167,500 | 0.14 KM |