Land Lying to the east of, Hare Street, Buntingford, Hertfordshire, SG9 0DX
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Land Lying to the east of, Hare Street, Buntingford, Hertfordshire, SG9 0DX

By Dedman Gray Auction

£ 15,000

Reviews

2 out of 5 stars

Dedman Gray Auction says ..

Sold for £20,000 SOLD BY PUBLIC AUCTION ON THURSDAY 25TH JULY 2024 ; LAND INVESTMENT: A VACANT FREEHOLD PLOT OF LAND MEASURING JUST OVER 1 ACRE CONSIDERED TO SUIT A VARIETY OF USES SUBJECT TO RELEVANT PERMISSIONS.

Property Oracle says ..

This listing is for a plot of land located near Buntingford, Hertfordshire. The property is described as a vacant freehold plot and consists of approximately one acre of land located to the east of Hare Street. The land is shown in the images provided to be significantly overgrown and would require substantial clearing and preparation before it could be used for any kind of development. The location is rural and appears to be adjacent to a road, though specific amenities within walking distance are not clearly defined.  The lack of a structure on the land means that the buyer would need to obtain planning permission and undertake any necessary works to develop the property which would add substantial cost. Previous sales of similar plots should be considered for more accurate pricing. There are several schools in the area, though distances are not fully clarified in the provided data. The lack of nearby transportation makes the property less accessible. Overall, the property presents as a significant project that will require considerable capital and effort to transform into a usable space. Considering the condition, the price is relatively reasonable for land of this size in this area. Potential buyers must be aware of the significant costs and time implications of redeveloping this plot of land. Buyers should verify the planning permission and other development implications with the local council before purchasing.

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
6
Bedrooms
0
Bathrooms
0

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
343,333.00 £
Decreased by 11.74 %
from 389,000.00 £
Average area rental value
1,139.00 £/mo
Decreased by 8.29 %
from 1,242.00 £/mo
Est rental Yield
3.98 %
Increased by 3.92 %
from 3.83 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Dedman Gray Auction marked this listing as sold.

  • Dedman Gray Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
Hormead Church Of England (Va) First SchoolVoluntary Aided SchoolGood1.74 KM
Anstey First SchoolCommunity SchoolGood2.81 KM
Layston Church Of England First SchoolVoluntary Controlled SchoolOutstanding4.29 KM
Barkway Va Church Of England First SchoolVoluntary Aided SchoolGood4.45 KM
Eh1 Bramble Hill Family CentreChildren's Centre5.01 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hormead Road £ 625,00000.00 KM
Anderson's Lane £ 1,400,00000.00 KM

Nearby Properties

AddressPriceDistance
3 Moorfield £ 275,0001.51 KM
7 Moorfield £ 178,0001.51 KM
6 Moorfield £ 195,0001.51 KM
5 Moorfield £ 248,0001.51 KM
2 Moorfield £ 357,0001.51 KM