Francis Louis says ..
Confidential Sale: A prime plot of land poised on the edge of the city, with planning approval expected anyday for the development of six modern two-bedroom bungalows, each spanning approximately 80 square metres. The envisioned bungalows promise contemporary living with amenities including two p...
Property Oracle says ..
This listing presents a development opportunity in Pinhoe, Exeter, a suburb with good transport links via nearby Pinhoe train station and proximity to several primary schools. The plot has planning permission for six two-bedroom bungalows. The provided images show a rudimentary site plan indicating the layout of the proposed bungalows and landscaping. The absence of precise square footage for both the plot and proposed bungalows creates uncertainty. However, the list price of £250,000 appears competitive relative to other properties in the area, although this is largely speculative without knowing the actual size of the plot and building plans. Successful completion of the development is crucial to the financial viability of this purchase. The lack of an existing structure necessitates reliance on the potential value after development is completed. Buyers should carefully assess all related planning permissions, costs, and market conditions before making an offer.
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
- 2
- Location
- 7
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 439,464.00 £Increased by 26.09 %
- Average area rental value
- 1,809.00 £/moIncreased by 14.13 %
- Est rental Yield
- 4.94 %Decreased by 9.52 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Francis Louis marked this listing as sold.
Francis Louis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ellen Tinkham School | Foundation Special School | Outstanding | 0.54 KM |
| St Luke'S Church Of England School | Academy Sponsor Led | 0.66 KM | |
| Monkerton Community Primary School | Free Schools | 0.79 KM | |
| St Nicholas Catholic Primary School | Academy Sponsor Led | Good | 1.03 KM |
| St Peter'S Church Of England Aided School | Voluntary Aided School | Good | 1.30 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Blacksmith Drive | £ 0 | 0 | 0.00 KM |
| Basil Way | £ 270,000 | 0 | 0.00 KM |
| Bakery Drive | £ 454,995 | 0 | 0.00 KM |
| Pomeroy Place | £ 375,000 | 0 | 0.00 KM |
| Rose Avenue | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Pinhoe | 5757 | PIN | 1.33 KM |
| Digby And Sowton | 5753 | DIG | 1.53 KM |
| Newcourt | 9589 | NCO | 2.53 KM |
| Polsloe Bridge | 3422 | POL | 2.94 KM |
| Topsham | 5758 | TOP | 4.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Fitzroy Road, Exeter | £ 250,000 | BUY | 5 / 10 | 0.00 KM |
| Blacksmiths Drive, Exeter | £ 330,000 | BUY | 7 / 10 | 0.22 KM |
| Myrtlebury Way, Exeter | £ 300,000 | BUY | 6 / 10 | 0.27 KM |
| Myrtlebury Way, Exeter, EX1 | £ 300,000 | BUY | 7 / 10 | 0.28 KM |
| Myrtlebury Way, Hill Barton Vale, Exeter | £ 279,500 | BUY | 7 / 10 | 0.28 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Melrose Avenue | £ 275,000 | 0.45 KM |
| 4 Chardstock Close | £ 237,000 | 0.47 KM |
| 5 Chardstock Close | £ 227,500 | 0.47 KM |
| 11 Chardstock Close | £ 127,500 | 0.47 KM |
| 16 Chardstock Close | £ 250,000 | 0.47 KM |