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
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Metrics Year-on-Year
- Average area value
- 260,000.00 £Decreased by 5.12 %
- Average area rental value
- 995.00 £/moDecreased by 29.23 %
- Est rental Yield
- 4.59 %Decreased by 25.49 %
- Crime Rate
- 0.00 %
Agent Activity
Brown & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Elm Cofe Primary School | Academy Converter | 1.54 KM | |
| Shelldene House School | Other Independent Special School | Good | 2.55 KM |
| Meadowgate Academy | Academy Special Converter | Outstanding | 2.77 KM |
| Emneth Nursery School | Local Authority Nursery School | Outstanding | 2.83 KM |
| Emneth Academy | Academy Sponsor Led | Requires improvement | 2.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Wroe | £ 0 | 0 | 0.00 KM |
| Outwell Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Barn Off Collett's Bridge Farm, Kirkham's Lane, Elm, Wisbech, Cambridgeshire, PE14 0EG | £ 225,000 | BUY | 5 / 10 | 0.00 KM |
| Colletts Bridge Lane, Elm | £ 290,000 | BUY | 7 / 10 | 0.43 KM |
| Colletts Bridge Lane, Elm | £ 240,000 | BUY | 7 / 10 | 0.44 KM |
| Colletts Bridge Lane, Elm, Wisbech | £ 250,000 | BUY | 6 / 10 | 0.47 KM |
| The Wroe, Emneth | £ 400,000 | BUY | 7 / 10 | 0.83 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Margo | £ 169,000 | 0.42 KM |
| Iris Cottage | £ 250,000 | 0.42 KM |
| Willowrood | £ 225,000 | 0.42 KM |
| Rag Lodge | £ 270,000 | 0.42 KM |
| Barn View | £ 370,000 | 0.42 KM |