Foresters says ..
PRIME DEVELOPEMENT LAND - 0.24 ACRE - in very sought after area. Previously a detached chalet bungalow on site, which burned down. Services on site. The site has been cleared and there is a vehicle a...
Property Oracle says ..
This listing presents a development opportunity on a 0.24-acre plot of land in Heathfield, East Sussex. The land is currently cleared but requires significant preparation before construction can commence. The location is favourable, being close to a well-regarded primary school and other amenities in Heathfield. However, the photographs suggest the land is currently overgrown and needs attention before development. The listing price of £375,000 appears neither particularly overvalued nor exceptionally good value. This is due to the lack of essential information on building regulations and potential costs for site preparation. Buyers should conduct thorough due diligence to fully assess the viability and cost implications of building on this site. Buyers should also check the planning permissions for the area before committing to the project. Further investigation into planning permissions and potential building costs are crucial for prospective buyers to determine the actual value and suitability of the property for their needs.
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
- 6
- Condition
- 3
- Location
- 7
- Land
- 5
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 863,333.00 £Increased by 82.63 %
- Average area rental value
- 1,081.00 £/moIncreased by 3.64 %
- Est rental Yield
- 1.50 %Decreased by 43.40 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Foresters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cross-In-Hand Church Of England Primary School | Voluntary Controlled School | Good | 0.20 KM |
| Parkside Community Primary School | Community School | Outstanding | 2.30 KM |
| Maynards Green Community Primary School | Community School | Good | 2.71 KM |
| St Mary'S School | Academy Special Converter | Good | 3.13 KM |
| All Saints' And St Richard'S Church Of England Primary School | Voluntary Aided School | Good | 3.50 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Linden Gardens | £ 650,000 | 0 | 0.00 KM |
| Yew Tree Close | £ 0 | 0 | 0.00 KM |
| Ashdown Place | £ 575,000 | 0 | 0.00 KM |
| Parkside | £ 0 | 0 | 0.00 KM |
| Sunfields | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mill Road, Heathfield, TN21 0XE | £ 250,000 | BUY | 5 / 10 | 0.00 KM |
| Mill Close, Heathfield, East Sussex, TN21 0XB | £ 340,000 | BUY | Unknown | 0.09 KM |
| Mill Close, Heathfield, East Sussex, TN21 0XB | £ 315,000 | BUY | Unknown | 0.13 KM |
| High Street, Heathfield, TN21 | £ 600,000 | BUY | 7 / 10 | 0.13 KM |
| Millennium Way, Heathfield, East Sussex, TN21 | £ 495,000 | BUY | 7 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Cascia | £ 790,000 | 0.10 KM |
| Westbury | £ 460,000 | 0.10 KM |
| Millcroft | £ 217,000 | 0.10 KM |
| Great Oak | £ 555,000 | 0.10 KM |
| 9 Mill Close | £ 300,000 | 0.11 KM |