Land at Turnpike Road, Red Lodge, Bury St. Edmunds
By Cheffins Residential
£ 500,000
Reviews
2 out of 5 stars
Cheffins Residential says ..
An excellent opportunity to acquire a residential development site with the benefit of detailed planning consent for the erection of 4no. detached dwellings.
Property Oracle says ..
This is a plot of land on Turnpike Road, Red Lodge, with planning permission for redevelopment. The location offers a mix of accessibility and rural surroundings. The current condition is undeveloped, requiring significant investment to realize its potential. The asking price of £500,000 is considerable, reflecting the development opportunity rather than the current state. Nearby amenities include transport links and schools, although the immediate surroundings include a caravan park. The value lies in the potential for new construction and the creation of multiple dwellings.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 1
- Location
- 5
- 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
- 291,250.00 £Decreased by 2.20 %
- Average area rental value
- 1,505.00 £/moIncreased by 9.69 %
- Est rental Yield
- 6.20 %Increased by 12.12 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Cheffins Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Christopher'S Cevcp School | Academy Sponsor Led | Requires improvement | 1.41 KM |
| Kennett Primary School | Academy Converter | Good | 2.10 KM |
| The Pines Primary School | Free Schools | 2.12 KM | |
| Moulton Church Of England Voluntary Controlled Primary School | Voluntary Controlled School | Good | 5.23 KM |
| Lark Children'S Centre | Children's Centre | 5.48 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lily Close | £ 0 | 0 | 0.00 KM |
| The Vines | £ 0 | 0 | 0.00 KM |
| Elms Road | £ 0 | 0 | 0.00 KM |
| Falconer Road | £ 0 | 0 | 0.00 KM |
| Rosemary Close | £ 210,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kennett | 7011 | KNE | 2.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Land at Turnpike Road, Red Lodge, Bury St. Edmunds | £ 500,000 | BUY | 4 / 10 | 0.00 KM |
| Hunters Rest, Turnpike Road, Red Lodge, Bury St. Edmunds, Suffolk, IP28 | £ 325,000 | BUY | 6 / 10 | 0.03 KM |
| Hunters Rest, Turnpike Road, Red Lodge, Bury St. Edmunds, Suffolk, IP28 | £ 325,000 | BUY | Unknown | 0.03 KM |
| Hunters Rest, Turnpike Road, Red Lodge, Bury St. Edmunds, Suffolk, IP28 | £ 325,000 | BUY | 8 / 10 | 0.03 KM |
| Turnpike Road, Red Lodge, Bury St. Edmunds, Suffolk, IP28 | £ 375,000 | BUY | 8 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Aster Close | £ 220,000 | 0.20 KM |
| 6 Aster Close | £ 220,000 | 0.20 KM |
| 15 Aster Close | £ 159,995 | 0.20 KM |
| 5 Teasel Close | £ 315,000 | 0.27 KM |
| 7 Teasel Close | £ 184,995 | 0.27 KM |