Barn Off Collett's Bridge Farm, Kirkham's Lane, Elm, Wisbech, Cambridgeshire, PE14 0EG
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Barn Off Collett's Bridge Farm, Kirkham's Lane, Elm, Wisbech, Cambridgeshire, PE14 0EG

By Brown & Co

£ 225,000

Reviews

2 out of 5 stars

Brown & Co says ..

BARNS AT KIRKHAM'S LANE, Elm, Wisbech, Cambridgeshire, PE14 0LF Yard and two agricultural buildings with Prior Approval and Full Planning for two residential units In all extending to approximately 0.15 hectares (0.37 acres)

Property Oracle says ..

This property comprises two agricultural barns situated in Elm, Cambridgeshire, listed at £225,000. The barns are in a somewhat neglected condition, presenting as aged structures requiring substantial renovation to become residential properties. Planning permission exists for conversion into two dwellings. The site includes a substantial land area offering development potential. The proximity to primary schools is advantageous. However, information regarding access to local amenities, transport, and the condition of the land are lacking. The property’s value hinges greatly on its successful conversion according to the planning permission and this is an important consideration for a prospective buyer. The lack of essential details like square footage for both the barns and land parcels limits a precise assessment of market value. A comprehensive survey and professional valuation are recommended prior to any commitment. It’s a high-risk investment with high rewards should the development be successful.

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
5
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
260,000.00 £
Decreased by 5.12 %
from 274,028.00 £
Average area rental value
995.00 £/mo
Decreased by 29.23 %
from 1,406.00 £/mo
Est rental Yield
4.59 %
Decreased by 25.49 %
from 6.16 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Brown & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Elm Cofe Primary SchoolAcademy Converter1.54 KM
Shelldene House SchoolOther Independent Special SchoolGood2.55 KM
Meadowgate AcademyAcademy Special ConverterOutstanding2.77 KM
Emneth Nursery SchoolLocal Authority Nursery SchoolOutstanding2.83 KM
Emneth AcademyAcademy Sponsor LedRequires improvement2.87 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
The Wroe £ 000.00 KM
Outwell Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Barn Off Collett's Bridge Farm, Kirkham's Lane, Elm, Wisbech, Cambridgeshire, PE14 0EG £ 225,000BUY5 / 100.00 KM
Colletts Bridge Lane, Elm £ 290,000BUY7 / 100.43 KM
Colletts Bridge Lane, Elm £ 240,000BUY7 / 100.44 KM
Colletts Bridge Lane, Elm, Wisbech £ 250,000BUY6 / 100.47 KM
The Wroe, Emneth £ 400,000BUY7 / 100.83 KM

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Barn View £ 370,0000.42 KM