Lot 2 - Land at Forncett St Mary and Tharston
TW

Lot 2 - Land at Forncett St Mary and Tharston

By TW Gaze

£ 200,000

Reviews

3 out of 5 stars

TW Gaze says ..

Lot 2 -   9.16 Ha (22.63 Acres)  

Property Oracle says ..

This listing presents a substantial plot of agricultural land spanning 9.16 hectares (22.63 acres) in the tranquil village of Forncett St Mary, South Norfolk. The property’s rural setting offers peace and quiet, a stark contrast to bustling urban areas. The image provided shows seemingly well-maintained land, suitable for agricultural pursuits or potential future development, subject to planning permissions. The land’s significant size represents a substantial investment opportunity. The lack of built structures means that there are no details regarding the property’s condition. The nearest schools, while not immediately adjacent, are within reasonable driving distance for families. The relative remoteness necessitates reliance on private transportation, given the lack of readily available public transportation details. Nearby property prices suggest a range, with some significantly more expensive than the listed price, implying the lot’s price might be competitive. However, an assessment of the soil quality, potential development restrictions, and planning considerations would be necessary to properly evaluate this property’s full worth. Ultimately, buyers interested in this lot should conduct thorough due diligence, including seeking professional advice on planning permissions and market valuations before making a purchasing 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
7
Location
4
Land
9
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
262,833.00 £
Decreased by 38.15 %
from 424,924.00 £
Average area rental value
1,350.00 £/mo
Increased by 3.85 %
from 1,300.00 £/mo
Est rental Yield
6.16 %
Increased by 67.85 %
from 3.67 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • TW Gaze marked this listing as sold.

  • TW Gaze created the listing.

Nearby Schools

NameTypeOfstedDistance
Hapton Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood2.33 KM
Forncett St Peter Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolOutstanding2.37 KM
St Mary'S Church Of England Junior AcademyAcademy ConverterGood3.37 KM
Long Stratton High SchoolAcademy Sponsor LedGood3.46 KM
Long Stratton Area Children'S CentreChildren's Centre3.48 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hunts Mead £ 675,00000.00 KM
Station Road £ 649,00000.00 KM
Spicer's Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hunts Mead, Forncett St. Peter, Norwich £ 510,000BUY7 / 100.86 KM
Hunts Mead, Forncett St. Peter, Norwich, NR16 1JB £ 525,000BUY6 / 101.02 KM
Low Road, Forncett St. Mary, Norwich, Norfolk, NR16 £ 775,000BUYUnknown1.06 KM
Wacton Road, Forncett St. Peter, Norwich £ 600,000BUYUnknown1.18 KM
Wacton Road, Forncett St. Peter, Norwich £ 600,000BUYUnknown1.21 KM

Nearby Properties

AddressPriceDistance
Boundary Pightle £ 530,0000.97 KM
Willow Cottage £ 554,5000.99 KM
Laburnum Cottage £ 312,5000.99 KM
Walnut Tree Cottage £ 259,0001.00 KM
Riverside Farm £ 115,0001.06 KM